Mitek Reports 46% Revenue Growth in Record First Quarter

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Mitek Systems (MITK) Tops Q1 EPS by 1c, Revenues Beat; Reiterates FY19 Revenue Outlook

January 29, 2019 4:11 PM EST

Mitek Systems (NASDAQ: MITK) reported Q1 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $17.7 million versus the consensus estimate of $17.25 million.

Total revenue increased 46% year over year to $17.7 million.GAAP net loss of $(3.2) million, or $(0.08) per... More