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

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Mitek Reports 40% Revenue Growth in Record Second Quarter

May 1, 2019 4:05 PM EDT

SAN DIEGO, May 01, 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 second quarter of fiscal 2019 ended March 31, 2019.

Fiscal Second Quarter 2019 Financial Highlights

Total revenue increased 40% year over year to $20.0 million in a record second quarter.GAAP net loss was... More