AudioEye Q2 revenue rises on new costumer additions

AudioEye

13/08/2026 21:10

Overview
US digital accessibility firm's Q2 revenue grew 9% yr/yr, slightly beating analyst expectations
Adjusted EBITDA and adjusted EPS improved yr/yr, driven by higher gross profit
Company raised full-year adjusted EBITDA guidance, considering share buybacks and dividends

Outlook
AudioEye expects Q3 2026 revenue between $10.85 mln and $11.05 mln
Company sees full-year 2026 revenue between $43.5 mln and $44.0 mln
AudioEye raises full-year adjusted EBITDA guidance to at least $12.7 mln

Result Drivers
REVENUE GROWTH - Co said gross profit increase was driven by continued revenue growth
CUSTOMER ADDITIONS - Co said customer count rose by 9,000 yr/yr, driven by increases in the Partner and Marketplace channel
OPERATING EXPENSES - Co said operating expenses rose due to higher litigation expenses and absence of prior-year one-time gain

Company press release: ID:nPn2pKGnqa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$10.72 mln
$10.70 mln (4 Analysts)
Q2 Loss Per Share
 
$0.07
 
Q2 Gross Profit
 
$8.44 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for AudioEye Inc is $15.50, about 166.8% above its August 12 closing price of $5.81
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 88 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)