Mitek Systems Q2 Adj. EPS $0.36 Beats $0.26 Estimate, Sales $51.93M Beat $47.47M Estimate

Mitek Systems (NASDAQ: MITK) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.26 by 38.46 percent. This is a 50 percent increase over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $51.93 million which beat the analyst consensus estimate of $47.47 million by 9.40 percent. This is a 10.56 percent increase over sales of $46.97 million the same period last year.