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 software company focused on digital accessibility, and the AEYE news feed highlights how the business evolves across technology, regulation and financial performance. The company regularly issues press releases on quarterly results, emphasizing annual recurring revenue (ARR), adjusted EBITDA and other metrics that reflect its subscription-based model for accessibility services.
News about AudioEye often centers on record revenue periods, updates on ARR, and commentary from management on business momentum in regions such as the United States and the European Union. Earnings announcements typically describe revenue growth, gross profit trends, operating expenses and non-GAAP measures, alongside conference call details for investors and analysts.
Another major theme in AEYE news is regulatory-driven demand. The company has discussed the impact of the European Accessibility Act and other accessibility regulations, noting that these frameworks create wide-reaching requirements and potential penalties for non-compliance. Releases describe how customers expand their use of AudioEye’s platform to address accessibility obligations across websites and apps, including in the UK and EU.
AudioEye’s news flow also includes partnerships and customer wins, such as collaborations with UK-based digital agencies and organizations like Motability Operations, as well as financing developments like credit facilities with banks. Together, these updates give investors and observers insight into how AudioEye is positioning its AI-powered accessibility platform, managing growth and responding to global accessibility standards. For those tracking AEYE stock, the news page provides an organized view of these ongoing developments.
AudioEye, Inc. (NASDAQ: AEYE) announced its fourth quarter and full-year 2022 financial results, achieving record revenue of $7.74M for Q4, a 19% increase year-over-year. Full-year revenue rose 22% to $29.9M, with gross profit at $22.7M (75.9% of total revenue). Despite a net loss of $10.4M, an improvement from $14.2M in 2021, the company reported non-GAAP profitability of $0.2M in Q4. Operating expenses decreased by 19% to $7.9M, driven by efficiencies in sales and marketing. Annual Recurring Revenue (ARR) grew 13% to $29.2M. AudioEye guides Q1 2023 revenue between $7.7M and $7.9M, indicating 13% year-over-year growth.
AudioEye, Inc. (NASDAQ: AEYE) announced the appointment of Mikel Chertudi as Chief Revenue Officer on March 7, 2023. Chertudi brings over 20 years of experience in SaaS technology, previously working at Adobe and Omniture, where he significantly scaled annual recurring revenue from $40 million to $400 million. His leadership is expected to propel AudioEye's growth and enhance its digital accessibility platform, aiming to ensure ADA and WCAG compliance for businesses. CEO David Moradi emphasized Chertudi's impressive background in building successful sales and marketing teams as vital for the company's ongoing innovation and growth.
AudioEye (NASDAQ: AEYE), a leading digital accessibility platform, announced a conference call on March 9, 2023, at 4:30 p.m. ET to discuss its financial results for the fourth quarter and full year ended December 31, 2022. The results will be released prior to the call, which will include a Q&A session. Interested parties can access the call via a toll-free number or a webcast link. A replay will be available for 90 days on the investor relations section of the company's website.
AudioEye, Inc. (NASDAQ: AEYE), a leading SaaS accessibility platform, will present at the Sidoti Micro Cap Virtual Conference on January 18-19, 2023. CFO Kelly Georgevich is set to present on January 18 at 1:00 ET. The live presentation can be accessed through a dedicated link. Investors interested in one-on-one meetings are encouraged to contact the Sidoti team via email. AudioEye specializes in digital accessibility and compliance, aiding businesses in navigating ADA and WCAG regulations while providing automated solutions for accessibility issues without altering website architecture.
AudioEye, Inc. (NASDAQ: AEYE) reported a record revenue of $7.7M for Q3 2022, a 24% increase year-over-year. The company's Annual Recurring Revenue (ARR) rose 19% to $29.3M. Operating expenses decreased by 13% to $8.1M, reflecting improved efficiencies. Net loss narrowed to $2.3M, or $(0.20) per share, from $4.7M, or $(0.41) per share, a year earlier, while generating non-GAAP profit of $0.1M. Cash reserves at $7.8M as of September 30, 2022, included expenditures on stock repurchases and litigation. The company anticipates Q4 2022 revenue between $7.7M and $7.9M, indicating 20% growth.
AudioEye, Inc. (NASDAQ: AEYE) announced a conference call scheduled for November 10, 2022, at 4:30 p.m. Eastern Time to discuss its third quarter financial results ending September 30, 2022. The call will follow a press release detailing the financial outcomes. Investors can access the call via U.S. dial-in at 844-826-3033 or international dial-in 412-317-5185, with a passcode of 10172972. The audio recording will be available for 90 days post-call.
AudioEye, Inc. (NASDAQ: AEYE) and accessiBe have reached a global settlement resolving all ongoing legal disputes. This agreement includes mutual covenants not to sue, allowing both companies to focus on their respective businesses and technologies without further legal interference. Furthermore, a framework for managing potential future disputes has been established. This settlement is expected to provide clarity and operational freedom for both parties and their partners moving forward.
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AudioEye, Inc. (NASDAQ: AEYE) announced its participation in two upcoming investor conferences. The events include The Microcap Rodeo Windy City Roundup 2022 in Chicago, IL on October 12-13, and the LD Micro Main Event XV in Los Angeles, CA on October 25-27. Registration is required for both conferences. AudioEye is recognized for its digital accessibility solutions, ensuring ADA and WCAG compliance for various organizations. For additional details and registration, visit IssuerDirect or Meetmax.
AudioEye, Inc. (NASDAQ: AEYE) will present virtually at the H.C. Wainwright Annual Global Investment Conference from September 12th to 14th, 2022. CEO David Moradi will engage in one-on-one meetings until September 16th. The presentation will be available on-demand for attendees. AudioEye specializes in digital accessibility, offering solutions for ADA and WCAG compliance, and is trusted by major brands like Samsung and Tommy Hilfiger. To register for the conference, visit the event website.