Mitek Systems (MITK) Reports In-Line Q3 EPS

Mitek Systems (NASDAQ: MITK) reported Q3 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $38.8 million versus the consensus estimate of $38.57 million.

GUIDANCE:

Mitek Systems sees Q4 2023 revenue of $162-165 million.

• Mitek expects revenue for the year ending September 30, 2023 to be in the range of $162.0 million to $165.0 million, an increase of approximately 14% year over year from the mid-point of the guidance range. In addition, Mitek expects its non-GAAP operating margin for fiscal 2023 to be in the range of 29.5% to 30.5%.

For earnings history and earnings-related data on Mitek Systems (MITK) click here.

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