The Collaborative International Dictionary of English v.0.48:

Misread \Mis*read"\, v. t. [imp. & p. p. Misread; p. pr. & vb.
   n. Misreading.]
   To read amiss; to misunderstand in reading.
   [1913 Webster]

WordNet (r) 3.0 (2006):

misread
    v 1: read or interpret wrongly; "He misread the data"
    2: interpret wrongly; "I misread Hamlet all my life!" [syn:
       misread, misinterpret]

Moby Thesaurus II by Grady Ward, 1.0:

52 Moby Thesaurus words for "misread":
   catachrestic, contort, distort, distorted, do amiss, eisegetical,
   garble, garbled, get one wrong, get wrong, gloss, misapply,
   misapprehend, misapprehended, miscall, miscite, misconceive,
   misconceived, misconduct, misconstrue, misconstrued, miscount,
   misdeal, misdeem, misemploy, misexplain, misexplicate, misexpound,
   misfield, misinterpret, misinterpreted, misjudge, mismanage,
   misplay, misprint, misquote, misrender, misreport, misspell,
   mistake, mistaken, mistranslate, misunderstand, misunderstood,
   misuse, pervert, perverted, squeeze, strain the sense, torture,
   twist the words, wrench