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Mitek Systems (MITK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-08-08 00:30
For the quarter ended June 2025, Mitek Systems (MITK) reported revenue of $45.73 million, up 1.7% over the same period last year. EPS came in at $0.22, compared to $0.25 in the year-ago quarter.The reported revenue represents a surprise of +3.7% over the Zacks Consensus Estimate of $44.1 million. With the consensus EPS estimate being $0.18, the EPS surprise was +22.22%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Compared to Estimates, Mitek Systems (MITK) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-05-09 00:00
Group 1 - Mitek Systems reported $51.93 million in revenue for the quarter ended March 2025, a year-over-year increase of 10.6% [1] - The EPS for the same period was $0.36, compared to $0.24 a year ago, representing a surprise of +38.46% over the consensus estimate of $0.26 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $47.85 million by +8.52% [1] Group 2 - Revenue from software and hardware was $26.70 million, surpassing the average estimate of $23.60 million by three analysts, reflecting a +7.3% change year-over-year [4] - Revenue from services and other was $25.23 million, exceeding the average estimate of $24.18 million, with a +14.3% change compared to the previous year [4] - Non-GAAP gross profit for services and other was $18.88 million, above the average estimate of $17.77 million, while for software and hardware, it was $26.68 million compared to the average estimate of $23.36 million [4] Group 3 - Mitek Systems' shares returned +6% over the past month, while the Zacks S&P 500 composite increased by +11.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]