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Mitek Systems: Fiscal 1Q Earnings Snapshot

SAN DIEGO (AP) _ Mitek Systems Inc. (MITK) on Tuesday reported a loss of $3.2 million in its fiscal first quarter.

The San Diego-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.

The mobile imaging software company posted revenue of $17.7 million in the period.

Mitek Systems shares have climbed nearly 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.20, a rise of 41 percent in the last 12 months.


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