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

AudioEye

05/05/2022 22:53

* AudioEye Inc  AEYE.OQ  reported a quarterly adjusted loss
of 32
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 42
cents per share.
    * Revenue rose 19.3% to $6.91 million from a year ago; 
analysts
expected $6.78 million. 
    * AudioEye Inc's reported EPS for the quarter was a loss
of 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50%
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 fallen by 42.0% this quarter and
lost 43.7% so far this year.
    * The company reported a quarterly loss of $3.62 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 May 5 at 09:53 p.m.  ​All
figures in US dollars unless otherwise stated