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.
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.
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.
AudioEye, Inc. (NASDAQ: AEYE) reported a record revenue of $7.6M for Q2 2022, marking a 26% increase from the previous year. The company also reported an annual recurring revenue (ARR) rise of 19%, reaching $28.7M. Despite total operating expenses increasing by 10% to $8.3M, the non-GAAP net loss per share improved to ($0.02). Cash reserves dropped to $9.3M, affected by stock repurchases and non-recurring payments. Looking forward, AudioEye expects Q3 revenue between $7.65M and $7.85M, projecting 25% growth year-over-year.
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