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Jun 30, 2022
Mitek Q3 2022 Earnings Report
Mitek's Q3 2022 earnings were released, with record revenue achieved and a new platform, MiVIP, launched.
Key Takeaways
Mitek reported a record third quarter with total revenue increasing by 24% year over year to $39.3 million. The company launched MiVIP, a new identity verification platform, during the quarter.
Total revenue increased 24% year over year to $39.3 million.
GAAP net loss was $0.9 million, or $0.02 per diluted share.
Non-GAAP net income was $10.2 million, or $0.23 per diluted share.
Total cash and investments were $90.6 million at the end of the quarter.
Forward Guidance
No specific forward guidance was found in the provided text.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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