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Mitek Systems Fiscal Q4 Non-GAAP Earnings, Revenue Increase -- Share Surge After Hours
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Mitek Systems Fiscal Q4 Non-GAAP Earnings, Revenue Increase -- Share Surge After Hours
Dec 16, 2024 1:49 PM

04:41 PM EST, 12/16/2024 (MT Newswires) -- Mitek Systems ( MITK ) reported fiscal Q4 non-GAAP earnings late Monday of $0.33 per diluted share, up from $0.15 a year earlier.

Analysts polled by FactSet expected $0.17.

Revenue for the quarter that ended Sept. 30 was $43.2 million, up from $37.7 million a year earlier.

Analysts surveyed by FactSet expected $41.3 million.

The company said it expects fiscal 2025 revenue of $170 million to $180 million. Analysts polled by FactSet expect $179.5 million.

Shares of the company traded 19% higher in after-hours activity.

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