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MITK Mitek Systems News Story

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Mitek Systems rises on upbeat Q4 results

** Shares of digital identity firm Mitek Systems MITK.O rise 16.2% to $10.74 premarket

** MITK reports Q4 revenue of $44.78 mln, topping analysts' estimates of $40.85 mln, according to data compiled by LSEG

** Co reports Q4 EPS of 24 cents, beating analysts' expectations of 18 cents

** MITK expects FY26 revenue between $185 mln and $195 mln, compared with analysts' estimates of about $190 mln

** 4 of 5 brokerages rate stock "buy" or higher, 1 "hold"; median PT is $13.50 - data compiled by LSEG

** As of last close, MITK down ~17% YTD

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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