AudioEye Inc reports results for the quarter ended in December - Earnings Summary

AudioEye

11/03/2022 10:06

* AudioEye Inc  AEYE.OQ  reported a quarterly adjusted loss
of 44
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 45
cents per share.
    * Revenue rose 16.1% to $6.49 million from a year ago; 
analysts
expected $6.41 million. 
    * AudioEye Inc's reported EPS for the quarter was a loss
of 44
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * AudioEye Inc shares had fallen by 18.8% this quarter.
    * The company reported a quarterly loss of $5 million.
    * Wall Street's median 12-month price target for AudioEye
Inc is
$10.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 11 at 10:06 a.m.  ​All
figures in US dollars unless otherwise stated