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AudioEye, Inc. - AEYE STOCK NEWS

Welcome to our dedicated page for AudioEye news (Ticker: AEYE), a resource for investors and traders seeking the latest updates and insights on AudioEye stock.

AudioEye, Inc. (Nasdaq: AEYE) is a pioneering technology company dedicated to transforming digital content accessibility for businesses committed to offering equal access to their online platforms. Specializing in rapid compliance with ADA-related digital accessibility requirements, AudioEye provides technology that enhances the usability of digital content for the broadest audience possible. The company combines patented technology, subject matter expertise, and proprietary processes to eliminate barriers to digital accessibility. Trusted by major brands like ADP, Tommy Hilfiger, Samsung, and others, AudioEye ensures businesses can identify and resolve accessibility issues effectively.

Recently, AudioEye has been actively involved in various high-impact projects and initiatives. The company announced record revenue for its recent fiscal quarters, showcasing its financial strength and stability. AudioEye is also recognized for its innovative approaches, such as the introduction of enhanced enterprise-grade capabilities focused on compliance and security, including new developer tools and single sign-on features. Furthermore, AudioEye's support for the Department of Justice's and Department of Health and Human Services' new regulations underscores its commitment to advancing digital inclusivity.

With over 112,000 customers, including Samsung and Calvin Klein, AudioEye's mission is to create a digital future that is inclusive. Holding 22 US patents, the company employs a combination of AI automation and human-assisted technology to ensure businesses of all sizes can achieve full ADA and WCAG compliance. AudioEye's platform offers ongoing training, monitoring, and upkeep to maintain digital accessibility continuously. This ensures that the digital experiences provided are accessible and usable for everyone, including individuals with disabilities.

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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.

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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.

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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.

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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.

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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.

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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.
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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.
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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.
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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.
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AudioEye, Inc. (AEYE) will host a conference call to discuss its financial results for Q4 and full year 2023 on March 6, 2024. The call will include a Q&A session and will be webcast live.
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FAQ

What does AudioEye, Inc. do?

AudioEye, Inc. specializes in making digital content accessible and usable for the broadest audience possible, ensuring compliance with ADA and WCAG standards.

Who are some of AudioEye's notable clients?

AudioEye's trusted clients include ADP, Tommy Hilfiger, Samsung, and Landry's among others.

What recent achievements has AudioEye reported?

AudioEye reported record revenues for multiple consecutive quarters and introduced new enterprise-grade features focused on compliance and security.

How does AudioEye help businesses achieve digital accessibility?

AudioEye uses patented technology, AI automation, and human-assisted processes to identify and resolve accessibility issues, ensuring ADA and WCAG compliance.

What is AudioEye's mission?

AudioEye aims to create an inclusive digital future by eradicating barriers to digital access and making digital experiences accessible for all.

How many customers does AudioEye serve?

AudioEye serves over 112,000 customers, including major brands like Samsung, Calvin Klein, and Samsonite.

What type of technology does AudioEye utilize?

AudioEye combines AI automation technology with expert guidance and input from the disability community to ensure comprehensive digital accessibility.

What recent regulations has AudioEye supported?

AudioEye supports the Department of Justice's and Department of Health and Human Services' new regulations for web and mobile app accessibility.

What financial outlook does AudioEye have for 2024?

AudioEye expects to generate revenue between $34.3 million and $34.7 million for 2024, with adjusted EBITDA between $4.5 million and $5.5 million.

What security standards has AudioEye achieved?

AudioEye has received its System and Organization Controls (SOC) 2 Type 1 report, underscoring its commitment to high security and data privacy standards.

AudioEye, Inc.

Nasdaq:AEYE

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AEYE Stock Data

238.02M
11.66M
50.01%
10.19%
5.22%
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