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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.

News

AudioEye Reports Record First Quarter 2024 Results

Rhea-AI Summary
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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Department of Justice to Publish Final Rule for Digital Accessibility, Advancing the ADA's Commitment to Equal Rights for All

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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 Sets First Quarter 2024 Earnings Call

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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 Reports Record Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
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 Sets Fourth Quarter and Full Year 2023 Earnings Call

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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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AudioEye Introduces Enhanced Enterprise-Grade Capabilities Focused on Compliance and Security

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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 Taps Accessibility Industry Veteran Mike Paciello as Chief Accessibility Officer

Rhea-AI Summary
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 Recognized as a Digital Accessibility Platforms and Tools Leader in G2's Winter 2024 Reports

Rhea-AI Summary
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 Reports Record Third Quarter 2023 Results

Rhea-AI Summary
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 Sets Third Quarter 2023 Earnings Call

Rhea-AI Summary
AudioEye, Inc. to hold conference call on November 2, 2023 to discuss financial results for Q3 2023
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FAQ

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

The current stock price of AudioEye (AEYE) is $15.6 as of January 3, 2025.

What is the market cap of AudioEye (AEYE)?

The market cap of AudioEye (AEYE) is approximately 192.9M.

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.
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AudioEye, Inc.

Nasdaq:AEYE

AEYE Rankings

#3938 Ranked by Market Cap
N/A Ranked by Dividends

AEYE Stock Data

192.87M
6.31M
47.76%
28.33%
5.69%
Software - Application
Services-prepackaged Software
Link
United States of America
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