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

AudioEye

09/08/2022 22:01

* AudioEye Inc  AEYE.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 32
cents per share.
    * Revenue rose 25.7% to $7.57 million from a year ago;
analysts
expected $7.51 million. 
    * AudioEye Inc's reported EPS for the quarter was a loss
of 23
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 5.0% this quarter and
lost 10.1% so far this year.
    * The company reported a quarterly loss of $2.61 million.
    * Wall Street's median 12-month price target for AudioEye
Inc is
$8.50 
    * 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 Refinitiv data August 9
at 09:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.32          -0.23          Beat
 Mar. 31 2022      -0.42          -0.32          Beat
 Dec. 31 2021      -0.45          -0.44          Beat
 Sep. 30 2021      -0.35          -0.41          Missed