Mitek Systems First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags

Mitek Systems (NASDAQ:MITK) First Quarter 2025 Results

Key Financial Results

• Revenue: US$37.3m (flat on 1Q 2024).
• Net loss: US$4.61m (loss narrowed by 20% from 1Q 2024).
• US$0.10 loss per share (improved from US$0.13 loss in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mitek Systems Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 43%.

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Mitek Systems, and understanding it should be part of your investment process.

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