For the quarter ended June 2025, Mitek Systems (MITK) reported revenue of $45.73 million, up 1.7% over the same period last year. EPS came in at $0.22, compared to $0.25 in the year-ago quarter.
The reported revenue represents a surprise of +3.7% over the Zacks Consensus Estimate of $44.1 million. With the consensus EPS estimate being $0.18, the EPS surprise was +22.22%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Mitek Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Software and hardware: $19.51 million compared to the $20.54 million average estimate based on three analysts. The reported number represents a change of -13.9% year over year.
- Revenue- Service and other: $26.22 million versus $22.95 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.
- Non-GAAP gross profit for services and other: $19.43 million compared to the $18.95 million average estimate based on three analysts.
- Non-GAAP gross profit for software and hardware: $19.45 million versus $18.29 million estimated by three analysts on average.
View all Key Company Metrics for Mitek Systems here>>>
Shares of Mitek Systems have returned -10.2% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Mitek Systems, Inc. (MITK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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