SAN DIEGO (AP) _ Mitek Systems Inc. (MITK) on Thursday reported fiscal third-quarter net income of $3 million.

On a per-share basis, the San Diego-based company said it had profit of 7 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 23 cents per share.

The mobile imaging software company posted revenue of $31.8 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $29.7 million.

Mitek Systems shares have increased nearly 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.51, an increase of 95% 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

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