BUZZ-Mitek Systems jumps on Q4 results beat

Reuters

2024/12/17

BUZZ-<a href="https://laohu8.com/S/MITK">Mitek Systems</a> jumps on Q4 results beat

** Shares of software development company Mitek Systems MITK.O rise 16.9% to $11.09 in extended trading

** Co's Q4 revenue rises 15% to $43.2 mln, compared with estimates of $41.3 mln - LSEG data

** MITK reports adjusted profit of 33 cents/shr in Q4 vs estimates of 17 cents/shr

** Forecasts fiscal 2025 revenue to be between $170 mln and $180 mln, compared with estimates of $179.5 mln

** Up to last close, MITK stock had fallen 27.2% YTD

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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