Mitek Reports Record Second Quarter with 16% Revenue Growth and Significant Increase in Non-GAAP Net Income

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Mitek Systems (MITK) Tops Q2 EPS by 3c; Withdraws FY20 Guidance

April 30, 2020 5:17 PM EDT

Mitek Systems (NASDAQ: MITK) reported Q2 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $23.2 million versus the consensus estimate of $23.1 million.

Fiscal Second Quarter 2020 Financial Highlights

Total revenue increased by $3.2 million or 16% year over year to $23.2 million in a record second... More