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Mitek Reports 18% Revenue Growth in Record First Quarter

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Mitek Systems (MITK) Tops Q1 EPS by 1c, Revenues Beat

January 28, 2021 4:37 PM EST

Mitek Systems (NASDAQ: MITK) reported Q1 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $26 million versus the consensus estimate of $25.18 million.

Fiscal First Quarter 2021 Financial Highlights

Total revenue increased 18% year over year to $26.0 million in a record first quarter.GAAP net income was $2.2 million, or $0.05 per diluted share.Non-GAAP net income... More