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

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

Mitek Reports 46% Revenue Growth in Record First Quarter

January 29, 2019 4:05 PM EST

SAN DIEGO, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced its financial results for the first quarter of fiscal 2019 ended December 31, 2018.

Fiscal First Quarter 2019 Financial Highlights

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