Mitek Systems (MITK) Tops Q3 EPS by 6c, Revenues Beat

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Mitek Reports Record Revenue for Third Quarter Fiscal 2020

July 30, 2020 4:05 PM EDT

SAN DIEGO, July 30, 2020 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK, http://www.miteksystems.com) today reported record revenue with significant increases in both GAAP and non-GAAP net income for the fiscal third quarter ended June 30, 2020. Total revenue increased 16% year over year, fueled by an increase in demand for both mobile deposit and identity verification capabilities, as more people and businesses transact online.

Fiscal Third Quarter 2020 Financial... More