- Mitek Systems (NASDAQ:MITK) drops 4.9% despite Q1 results that beat EPS and revenue estimates with a 46% Y/Y revenue growth. In-line FY19 guidance reaffirmed with revenue from $83M to $86M (consensus: $84.63M).
- Revenue breakdown: Software and hardware, $10M (last year: $7.2M); Service and other, $7.7M (last year: $4.9M).
- Press release.
- Previously: Mitek Systems beats by $0.01, beats on revenue (Jan. 29)
Mitek Systems -5% despite Q1 beats
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Symbol | Last Price | % Chg |
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MITK | - | - |
Mitek Systems, Inc. |