Mitek Systems Q3 Adj. EPS $0.22 Beats $0.19 Estimate, Sales $45.729M Beat $44.020M Estimate

Mitek Systems (NASDAQ: MITK) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.19 by 17.02 percent. This is a 12 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $45.729 million which beat the analyst consensus estimate of $44.020 million by 3.88 percent. This is a 1.67 percent increase over sales of $44.976 million the same period last year.