Mitek Systems: Fiscal Q1 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Mitek Systems Inc. (MITK) on Monday reported a loss of $5.8 million in its fiscal first quarter.
On a per-share basis, the San Diego-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, were 14 cents per share.
The mobile imaging software company posted revenue of $36.9 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $45 million.
For the current quarter ending in March, Mitek Systems said it expects revenue in the range of $46 million to $47 million.
The company expects full-year revenue in the range of $180 million to $185 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