Mitek Systems (MITK) Tops Q2 EPS by 3c

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Mitek Reports 50% Revenue Growth and Profitability in Second Quarter Fiscal 2016

April 28, 2016 8:32 AM EDT

SAN DIEGO, April 28, 2016 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced its financial results for the second quarter of fiscal 2016 ended March 31, 2016.

Second Quarter Fiscal 2016 Highlights

Total revenue increased 50% year over year to $8.5 millionThe Company signed three new Fortune 500... More