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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.

Rhea-AI Summary
AudioEye, Inc. (AEYE) announces enterprise-level updates to enhance web accessibility compliance. Updates include Accessibility Testing SDK for Developers, Single Sign-On (SSO) for enhanced security, and Advanced Testing Rules for legal compliance.
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AudioEye, Inc. (Nasdaq: AEYE) announces the appointment of Mike Paciello as Chief Accessibility Officer, bringing over 40 years of expertise in digital accessibility. Paciello's extensive background includes authoring the first book on web accessibility and founding The Paciello Group, a pioneering accessibility solutions provider. His role will involve informing, advising, and driving efforts to help AudioEye continue as a strong partner and further meet the needs of the disability community.
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AudioEye, Inc. (Nasdaq: AEYE) has been recognized as a leader in 16 of G2's Winter 2024 Reports for Digital Accessibility Platforms and Digital Accessibility Tools. The company ranked first in the categories of implementation and usability. Additionally, AudioEye earned 13 leader badges, including easiest setup and highest user adoption. The company's accessibility platform helps businesses build digitally accessible and compliant websites while leveraging technology and human expertise. Customer reviewers on G2 appreciate AudioEye as an 'effortless way to stay compliant' and a 'great solution for web accessibility,' highlighting ease of use and immediate resolutions.
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AudioEye, Inc. reported record revenue of $7.84M in Q3 2023, a 2% increase from the same period last year. Gross profit increased to $6.1M (77% of total revenue) and total operating expenses decreased by 8%. The net loss available to common stockholders improved by 41% to $1.4M. Non-GAAP net profit in Q3 2023 was $0.3M. ARR increased to $30.5M. The company had $3.3M in cash as of September 30, 2023.
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AudioEye, Inc. to hold conference call on November 2, 2023 to discuss financial results for Q3 2023
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AudioEye, Inc. wins Best Accessibility Innovation in a SaaS Product award in international SaaS Awards program. Recognized for comprehensive approach to digital accessibility, pairing AI-based automation with certified accessibility experts. Only 3% of top one million websites accessible to people with disabilities. AudioEye's technology sets new standard for inclusivity in digital world.
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AudioEye, Inc. has released its first-ever Digital Accessibility Index, revealing that every page tested had at least one accessibility error, with an average of 37 errors per page. The most common barriers were related to image accessibility, descriptive links, and keyboard accessibility. The report found that 56% of scanned images had faulty or missing alternative text, 5 links per page lacked critical context, and 25% of forms were missing clear labels and instructions for people with disabilities. AudioEye's team of experts also identified significant barriers in the retail, media, and travel industries.
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FAQ

What is the current stock price of AudioEye (AEYE)?

The current stock price of AudioEye (AEYE) is $25.51 as of November 15, 2024.

What is the market cap of AudioEye (AEYE)?

The market cap of AudioEye (AEYE) is approximately 304.1M.

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

AEYE Rankings

AEYE Stock Data

304.11M
12.18M
47.84%
24.86%
6.88%
Software - Application
Services-prepackaged Software
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United States of America
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