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

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

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

January 30, 2020 4:05 PM EST

SAN DIEGO, Jan. 30, 2020 (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 2020 ended December 31, 2019.

Fiscal First Quarter 2020 Financial Highlights

Total revenue increased 25% year over year to $22.1 million in a record first quarter.GAAP net income was... More