AudioEye (NASDAQ:AEYE – Get Free Report) updated its second quarter 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.120-0.130 for the period, compared to the consensus EPS estimate of -0.060. The company issued revenue guidance of $8.4 million-$8.5 million, compared to the consensus revenue estimate of $8.3 million.
AudioEye Trading Up 13.8 %
Shares of NASDAQ AEYE traded up $1.63 during trading on Tuesday, reaching $13.48. The company had a trading volume of 240,215 shares, compared to its average volume of 96,116. AudioEye has a 12 month low of $3.75 and a 12 month high of $15.31. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.00. The stock has a market cap of $157.18 million, a P/E ratio of -26.18 and a beta of 1.35. The company’s fifty day moving average price is $9.15 and its 200-day moving average price is $6.25.
AudioEye (NASDAQ:AEYE – Get Free Report) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. AudioEye had a negative net margin of 18.75% and a negative return on equity of 27.55%. The firm had revenue of $7.87 million for the quarter, compared to the consensus estimate of $7.91 million. As a group, research analysts expect that AudioEye will post 0.01 earnings per share for the current year.
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AudioEye Company Profile
AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.
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