AudioEye rises on record Q3 revenue

AudioEye

11/11/2021 22:03

** Shares of digital accessibility solutions provider
 AEYE.O  up 3.1% at $10.26 after the bell following Q3 results
 urn:newsml:reuters.com:*:nPn5cqZmNa
    ** Q3 total revenue rises ~17% to a record $6.2 mln,
slightly below est of $6.24 mln - Refinitiv IBES 
    ** AEYE posts net loss per share available to common
stockholders of 24 cents on an adjusted basis in Q3, compared
with est of 35 cents
    ** Co expects to report revenue between $6.3 mln and $6.5
mln in Q4, representing a growth of 15% y/y
    ** As of last close, shares down ~61.5% YTD

 (Reporting by Sohini Podder in Bengaluru)
 ((sohini.podder@thomsonreuters.com))