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

AudioEye

09/03/2023 22:02

* AudioEye Inc  AEYE.OQ  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 22
cents per share.
    * Revenue rose 19.2% to $7.74 million from a year ago;
analysts
expected $7.75 million. 
    * AudioEye Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AudioEye Inc shares had risen by 56.9% this quarter.
    * The company reported a quarterly loss of $1.9 million.
    * Wall Street's median 12-month price target for AudioEye
Inc is
$9.50 
    * 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 from LSEG Refinitiv data
March 9 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.22          -0.17          Beat
 Sep. 30 2022      -0.24          -0.20          Beat
 Jun. 30 2022      -0.32          -0.23          Beat
 Mar. 31 2022      -0.42          -0.32          Beat