Mitek Systems Inc reports results for the quarter ended in September - Earnings Summary

Mitek Systems

29/06/2023 22:01

* Mitek Systems Inc  MITK.OQ  reported quarterly adjusted
earnings
of 20 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 16.5% to $38.77 million from a year ago;
analysts
expected $38.39 million. 
    * Mitek Systems Inc's reported EPS for the quarter was a
loss of 1
cent​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Mitek Systems Inc shares had risen by 13.6% this
quarter and
gained 12.4% so far this year.
    * The company reported a quarterly loss of $311 thousand.
    * Wall Street's median 12-month price target for Mitek
Systems Inc
is $17.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
29 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.20           0.20           Met
 Jun. 30 2022      0.20           0.23           Beat
 Mar. 31 2022      0.20           0.24           Beat
 Dec. 31 2021      0.16           0.22           Beat