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Mitek Systems: Fiscal Q1 Earnings Snapshot

SAN DIEGO (AP) — SAN DIEGO (AP) — Mitek Systems Inc. (MITK) on Thursday reported earnings of $2.8 million in its fiscal first quarter.

On a per-share basis, the San Diego-based company said it had profit of 6 cents. Earnings, adjusted for one-time gains and costs, were 26 cents per share.

The mobile imaging software company posted revenue of $44.2 million in the period.

For the current quarter ending in March, Mitek Systems said it expects revenue in the range of $50 million to $55 million.

The company expects full-year revenue in the range of $187 million to $197 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MITK at https://www.zacks.com/ap/MITK

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