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

AudioEye

10/05/2023 22:01

* AudioEye Inc  AEYE.OQ  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue rose 12.5% to $7.77 million from a year ago;
analysts
expected $7.78 million. 
    * AudioEye Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.8%
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 4.5% this quarter and
gained 77.0% so far this year.
    * The company reported a quarterly loss of $2.01 million.
    * Wall Street's median 12-month price target for AudioEye
Inc is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.17          -0.17          Met
 Dec. 31 2022      -0.22          -0.17          Beat
 Sep. 30 2022      -0.24          -0.20          Beat
 Jun. 30 2022      -0.32          -0.23          Beat