Benzinga | Jan 27, 2022 04:21PM EST

Mitek Systems Q1 EPS $0.22 Beats $0.16 Estimate, Sales $32.50M Beat $28.68M Estimate

Mitek Systems (NASDAQ:MITK) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.16 by 37.5 percent. This is a 57.14 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $32.50 million which beat the analyst consensus estimate of $28.68 million by 13.32 percent. This is a 25.12 percent increase over sales of $25.98 million the same period last year.