AudioEye, Inc. - AEYE STOCK NEWS

AudioEye, Inc. (NASDAQ: AEYE) has launched AudioEyeQ, a free, on-demand accessibility learning platform. This industry-first initiative offers premium accessibility education courses led by certified experts. The platform's inaugural course, 'Foundations of Accessibility: CPACC Preparation Course,' is designed to help individuals prepare for the IAAP's CPACC exam. AudioEyeQ aims to empower professionals involved in website and mobile app development with essential accessibility knowledge.

The courses cover core accessibility topics, best practices, and resources, addressing key legislation, thoughtful design, and common barriers for people with disabilities. AudioEye plans to release additional courses on accessible design, coding, and testing in Fall 2024. This initiative underscores AudioEye's commitment to creating an inclusive digital world through comprehensive accessibility education.

AudioEye (NASDAQ: AEYE) and Finalsite have expanded their partnership to enhance digital accessibility for K-12 schools. This comes in response to new ADA rules requiring web and mobile app accessibility within two to three years, depending on population size. AudioEye's advanced platform will help Finalsite's extensive client base of 7,000 schools in 115 countries achieve compliance. Over 95% of school websites currently have accessibility errors. The partnership aims to provide a holistic approach to accessibility, ensuring all students have equal access to information and learning opportunities.

AudioEye (Nasdaq: AEYE), a leader in digital accessibility, has announced a conference call to discuss its Q2 2024 financial results. The call will be held on July 25, 2024, at 4:30 p.m. Eastern Time. Management will present the results and host a Q&A session. The call will be webcast live and available for replay on the company's investor relations website. Financial results will be released in a press release before the call. The audio recording will remain accessible for 90 days, and a telephonic replay will be available through August 8, 2024.

AudioEye, Inc. supports the Department of Health and Human Services in strengthening protections for individuals with disabilities through a new rule. This rule mandates adherence to Web Content Accessibility Guidelines (WCAG) for websites and mobile applications receiving funding from HHS, impacting the digital accessibility landscape. The rule emphasizes the need for equal opportunities for individuals with disabilities on the internet and highlights the substantial number of accessibility issues present on healthcare websites. Compliance timelines vary based on organization size, with larger organizations required to adhere sooner than smaller ones.

AudioEye, Inc. supports the Department of Health and Human Services' final rule strengthening protections for individuals with disabilities under Section 504 of the Rehabilitation Act. The rule mandates adherence to Web Content Accessibility Guidelines (WCAG) for websites and mobile applications receiving HHS funding. The CEO emphasized the need for equal online opportunities, citing a high number of accessibility violations on healthcare websites. The rule sets specific compliance requirements and deadlines for organizations, aiming to make digital content accessible to all.

AudioEye, Inc. (AEYE) reported record first quarter 2024 results with total revenue increasing by 4% to $8.1M, gross profit at $6.3M, and adjusted EBITDA of $0.9M. The company expects accelerated growth in the second quarter and the remainder of the year. The Justice Department's ADA rule is seen as a positive driver for increased demand. Despite a decrease in cash due to a stock buyback, AudioEye remains well-positioned with a strong customer count of approximately 112,000.

AudioEye, Inc. (AEYE) supports the Department of Justice's new regulations under the ADA, with an estimated $17 billion in implementation costs over three years and $2 billion in annual recurring costs.

AudioEye, Inc. (AEYE) to discuss first quarter financial results in a conference call on April 23, 2024. Management will host the call with a Q&A session. Investors can access the webcast and replay through the company's investor relations website.

AudioEye, Inc. (AEYE) reported record revenue for the fourth quarter and full year ended December 31, 2023. The company achieved various milestones including increased total revenue, gross profit, and adjusted EBITDA. Efficiency metrics improved significantly, leading to enhanced financial performance. The company's financial outlook for 2024 is positive with expected revenue growth and adjusted EBITDA. AudioEye also made strategic moves such as entering a term loan agreement, share repurchases, and appointing a new Chief Accessibility Officer.