Mitek Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Mitek Systems

10/02/2025 22:48

* Mitek Systems Inc  MITK.OQ  reported quarterly adjusted
earnings
of 15 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 14 cents.  The mean expectation of six analysts
for the quarter was for earnings of 14 cents per share. Wall
Street expected results to range from 9 cents to 20 cents per
share.
    * Revenue rose 0.9% to $37.25 million from a year ago;
analysts
expected $36.20 million. 
    * Mitek Systems Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The company reported a quarterly loss of $4.61 million.
    * Mitek Systems Inc shares had fallen by 5.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 57.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Mitek Systems Inc
is $13.00 
This summary was machine generated from LSEG data February 10 at
10:47 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.15           0.15           Met
 Sep. 30 2024      0.17           0.33           Beat
 Jun. 30 2024      0.26           0.25           Missed
 Mar. 31 2024      0.27           0.24           Missed