Benzinga | Jul 30, 2020 04:36PM EDT

Mitek Systems Q3 EPS $0.16 Beats $0.10 Estimate, Sales $25.40M Beat $23.20M Estimate

Mitek Systems (NASDAQ:MITK) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.10 by 60 percent. This is a 33.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $25.40 million which beat the analyst consensus estimate of $23.20 million by 9.48 percent. This is a 15.95 percent increase over sales of $21.91 million the same period last year.