AudioEye (NASDAQ:AEYE) Updates Q3 2024 Earnings Guidance

AudioEye (NASDAQ:AEYE – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.150-0.160 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $8.9 million-$9.0 million, compared to the consensus revenue [...]

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AudioEye ( NASDAQ:AEYE – Get Free Report ) issued an update on its third quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.150-0.

160 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $8.



9 million-$9.0 million, compared to the consensus revenue estimate of $8.9 million.

AudioEye also updated its FY 2024 guidance to 0.510-0.530 EPS.

AudioEye Stock Up 1.3 % AEYE stock opened at $23.66 on Monday.

The firm has a market cap of $275.38 million, a PE ratio of -60.67, a PEG ratio of 6.

50 and a beta of 1.00. The company has a debt-to-equity ratio of 1.

39, a quick ratio of 1.16 and a current ratio of 1.16.

AudioEye has a one year low of $3.75 and a one year high of $29.30.

The firm’s 50 day moving average price is $22.43 and its 200-day moving average price is $19.05.

AudioEye ( NASDAQ:AEYE – Get Free Report ) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.

02 by $0.02. AudioEye had a positive return on equity of 12.

34% and a negative net margin of 10.70%. The business had revenue of $8.

47 million for the quarter, compared to analyst estimates of $8.45 million. On average, equities research analysts anticipate that AudioEye will post 0.

14 EPS for the current year. Analyst Upgrades and Downgrades Check Out Our Latest Report on AEYE About AudioEye ( Get Free Report ) 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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