Digital identity firm Mitek's Q4 revenue beats estimates

Reuters12-12

Digital identity firm Mitek's Q4 revenue beats estimates

Overview

Digital identity verifier's Q4 revenue rose 4% yr/yr, beating analyst expectations
GAAP net income for Q4 decreased compared to last year

Outlook

Mitek expects fiscal 2026 revenue between $185 mln and $195 mln
Company anticipates Fraud & Identity solutions revenue to grow by approximately 15%
Mitek forecasts adjusted EBITDA margin between 27% and 30% for fiscal 2026

Result Drivers

SaaS GROWTH - SaaS revenue of $21.3 million was a 19% increase year-over-year

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$44.78 mln	$40.85 mln (5 Analysts)
Q4 EPS		$0.04
Q4 Net Income		$1.86 mln
Q4 Operating Income		$4.69 mln
Q4 Pretax Profit		$3.31 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Mitek Systems Inc is $13.50, about 46.3% above its December 10 closing price of $9.23
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwnQ8Nha

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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Identity solutions revenue to grow by approximately 15%</p></li><li><p>Mitek forecasts adjusted EBITDA margin between 27% and 30% for fiscal 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>SaaS GROWTH - SaaS revenue of $21.3 million was a 19% increase year-over-year</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Revenue</p></td><td><p>Beat</p></td><td><p>$44.78 mln</p></td><td><p>$40.85 mln (5 Analysts)</p></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>$0.04</p></td><td></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$1.86 mln</p></td><td></td></tr><tr><td><p>Q4 Operating Income</p></td><td></td><td><p>$4.69 mln</p></td><td></td></tr><tr><td><p>Q4 Pretax Profit</p></td><td></td><td><p>$3.31 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 4 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the software peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for <a href=\"https://laohu8.com/S/MITK\">Mitek Systems</a> Inc is $13.50, about 46.3% above its December 10 closing price of $9.23</p></li><li><p>The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago</p></li></ul><p>Press Release: <span>ID:nBwnQ8Nha</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MITK","symbol_name":"Mitek Systems","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251211:nL1N3XH115:1","article_id":"2590413375","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590413375","pubTimestamp":1765487836,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Digital identity firm Mitek's Q4 revenuebeats estimatesOverviewDigital identity verifier's Q4 revenue rose 4% yr/yr, beating analyst expectationsGAAP net income for Q4 decreased compared to last yearO","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MITK":"Mitek Systems","BK4023":"应用软件"},"translate_title":"数字身份公司Mitek第四季度收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MITK":0.9},"content_text":"Digital identity firm Mitek's Q4 revenue beats estimatesOverviewDigital identity verifier's Q4 revenue rose 4% yr/yr, beating analyst expectationsGAAP net income for Q4 decreased compared to last yearOutlookMitek expects fiscal 2026 revenue between $185 mln and $195 mlnCompany anticipates Fraud & Identity solutions revenue to grow by approximately 15%Mitek forecasts adjusted EBITDA margin between 27% and 30% for fiscal 2026Result DriversSaaS GROWTH - SaaS revenue of $21.3 million was a 19% increase year-over-yearKey DetailsMetricBeat/MissActualConsensus EstimateQ4 RevenueBeat$44.78 mln$40.85 mln (5 Analysts)Q4 EPS$0.04Q4 Net Income$1.86 mlnQ4 Operating Income$4.69 mlnQ4 Pretax Profit$3.31 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 4 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the software peer group is \"buy\"Wall Street's median 12-month price target for Mitek Systems Inc is $13.50, about 46.3% above its December 10 closing price of $9.23The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months agoPress Release: ID:nBwnQ8NhaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. 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