Mitek Systems (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
