Mitek Reports 40% Revenue Growth in Record Second Quarter

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Mitek Systems (MITK) Tops Q2 EPS by 1c, Ends Process to Evaluate Strategic Alternatives

May 1, 2019 4:14 PM EDT

Mitek Systems (NASDAQ: MITK) reported Q2 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $20 million versus the consensus estimate of $19.2 million.

GUIDANCE:

Mitek Systems sees FY2019 revenue of $84-86 million, versus the consensus of $84.56 million.

Commenting on the results and the process to... More