Mitek Reports 25% Revenue Growth in Record First Quarter and Significant Increase in Non-GAAP Net Income

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Go back to Mitek Reports 25% Revenue Growth in Record First Quarter and Significant Increase in Non-GAAP Net Income

Mitek Systems (MITK) Tops Q1 EPS by 5c, Revenues Beat; Offers FY20 Revenue Outlook

January 30, 2020 4:26 PM EST

Mitek Systems (NASDAQ: MITK) reported Q1 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $22.1 million versus the consensus estimate of $21.45 million.

Fiscal First Quarter 2020 Financial Highlights

Total revenue increased 25% year over year to $22.1 million in a record first... More