Mitek Systems: Q3 Earnings Insights

Mitek Systems MITK reported its Q3 earnings results on Thursday, July 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Mitek Systems beat estimated earnings by 15.0%, reporting an EPS of $0.23 versus an estimate of $0.2.

Revenue was up $7.55 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 14.08% drop in the share price the next day.

Here's a look at Mitek Systems's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.20	0.16	0.19	0.16
EPS Actual	0.24	0.22	0.22	0.23
Revenue Estimate	33.25M	28.68M	33.13M	29.22M
Revenue Actual	34.71M	32.47M	33.27M	31.78M

To track all earnings releases for Mitek Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.