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) delivers AI-powered digital accessibility solutions that help organizations achieve and maintain ADA/WCAG compliance. This dedicated news hub provides investors and stakeholders with essential updates about the company's technological advancements, regulatory milestones, and market leadership in inclusive design.
Discover timely press releases covering product innovations, financial results, strategic partnerships, and industry recognition. Our curated collection simplifies tracking of AEYE's progress in making digital content accessible through automated remediation tools and expert-led compliance services.
Key updates include earnings announcements, technology patents, client success stories, and compliance certification achievements. Bookmark this page for direct access to verified information about AudioEye's solutions for healthcare, education, e-commerce, and government sectors.
Check back regularly to stay informed about developments in digital accessibility standards and how AEYE continues to address evolving regulatory requirements through its combination of artificial intelligence and human expertise.
AudioEye, Inc. (NASDAQ: AEYE) has provided a preliminary outlook for its fourth quarter of 2021. Monthly recurring revenue (MRR) is anticipated to reach approximately $2.2 million, reflecting a 16% year-over-year growth. The company expects fourth-quarter revenue between $6.4 million and $6.5 million, marking a 14-16% increase from the previous year. However, net loss is projected to be between $4.9 million and $5.2 million, impacted by litigation and stock-based compensation expenses. Customer count surged by 156% year-over-year to roughly 82,000.
AudioEye, Inc. (NASDAQ: AEYE) reported a strong Q3 2021, achieving a revenue increase of 17% to $6.2M and a 24% rise in monthly recurring revenue (MRR) to $2.1M. Gross profit reached $4.6M, representing 74.7% of total revenue. However, operating expenses surged 72% to $9.3M, leading to a net loss of $4.7M or $(0.41) per share. The company had $22.0M in cash at quarter-end and anticipates Q4 revenue between $6.3M and $6.5M, indicating continued growth.
AudioEye, Inc. (NASDAQ: AEYE) has launched a new feature called Issue Reporting, aimed at enhancing web accessibility for companies. This tool enables users to detect, track, and monitor accessibility problems on their websites through a centralized dashboard. It categorizes issues by type and severity, and provides real-time updates, aiding compliance with WCAG guidelines. Available at no extra charge with paid subscriptions, this feature boosts accessibility efforts while being cost-effective. The launch is backed by positive feedback from partners like CivicPlus, emphasizing its practical utility.
AudioEye, Inc. (NASDAQ: AEYE) will host a conference call on November 11, 2021, at 4:30 p.m. Eastern time to discuss its third-quarter financial results for the period ending September 30, 2021. A press release with the results will precede the call. Interested parties can dial in using the U.S. number 1-877-407-9208 or the international number 1-201-493-6784. The call will also be broadcast live and available for replay on the company’s investor relations webpage, with a telephonic replay option available until November 18, 2021.
AudioEye, Inc. (NASDAQ: AEYE) announced its participation in HubSpot's INBOUND 2021 event where it will provide digital accessibility tools and services. Chief Product Officer Zach Okun will present at 3:30 PM EDT and moderate a session with disability rights activist Judith Heumann. Accessibility Evangelist Alisa Smith previously delivered a presentation on designing inclusive digital content, attended by nearly 1,000 participants. AudioEye's Visual Toolkit will be available to enhance accessibility for event attendees. HubSpot emphasizes creating inclusive experiences through this partnership.
AudioEye, Inc. (NASDAQ: AEYE) announced the launch of the AudioEye A11iance, a community initiative aimed at enhancing digital accessibility for people with disabilities. This project involves community members in the development and quality assurance process to ensure products meet their needs. COO Dominic Varacalli emphasized the importance of incorporating user feedback to improve services. The announcement was made during the M-Enabling event, highlighting ongoing discussions about technology's role in accessibility. AudioEye's patented technology addresses accessibility challenges efficiently, supporting compliance with ADA and WCAG standards.
AudioEye, Inc. (NASDAQ: AEYE) recently announced the promotion of key executives to drive future growth. Chris Hundley has been promoted to President, overseeing strategic initiatives, while Dominic Varacalli transitions to COO, focusing on customer service and efficiency. Mase Gray takes on the role of CTO, tasked with shaping product strategy. Interim CEO David Moradi emphasized the firm's recent progress in revenue and technology, attributing success to a strong leadership team. AudioEye aims to enhance web accessibility compliance, unlocking significant market opportunities for businesses.
AudioEye, Inc. (NASDAQ: AEYE) announced the promotion of Chris Hundley to President, Dominic Varacalli to Chief Operating Officer, and Mase Gray to Chief Technology Officer, aimed at enhancing growth and operational efficiency. Interim CEO David Moradi expressed optimism about the leadership changes, highlighting the new team’s experience from top companies like Facebook and Amazon. AudioEye continues to advance its digital accessibility solutions, ensuring compliance with ADA and WCAG standards while addressing the significant market for web accessibility.
AudioEye, Inc. (NASDAQ: AEYE) announced a 14% revenue increase, reaching $6.0M for Q2 2021. Monthly Recurring Revenue (MRR) rose 25% to $2.0M. Gross profit improved to $4.5M (74.9% margin), driven by increased automation. Despite these gains, operating expenses surged 68% to $7.6M, resulting in a net loss of $1.8M. The company anticipates Q3 revenue between $6.1M and $6.3M while focusing on growth through platform investments. As of June 30, 2021, cash reserves stood at $24.8M, up from $9.1M at year-end 2020.
AudioEye, a leader in digital accessibility, announced that Mase Graye has joined its executive leadership team as Chief Architect. With over 15 years in technology, including roles at Facebook and Amazon, Graye will drive AudioEye's product and technical strategies to enhance accessibility for digital content. Interim CEO David Moradi praised Graye's experience in leading engineering teams and launching transformative products. As digital compliance becomes increasingly critical, AudioEye aims to expand its customer base and improve its offerings in accessibility solutions.
