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, 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.
AudioEye, Inc. (NASDAQ: AEYE) announced a conference call on August 11, 2021, at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ending June 30, 2021. A press release with the financial details will precede the call. The call will be accessible via a toll-free number and will also be webcast live, with a replay available for 90 days. AudioEye specializes in digital accessibility solutions, ensuring compliance with ADA and WCAG standards through advanced technology and expert services.
AudioEye, Inc. (NASDAQ: AEYE) announces the appointment of Kelly Georgevich as Chief Financial Officer. With extensive experience in SaaS and technology finance, Georgevich previously served as CFO at Sticky.io, where she led significant revenue growth while ensuring profitability. Her leadership skills and financial acumen are expected to enhance AudioEye's financial strategies, aligning with the company's mission to improve digital accessibility. Interim CEO David Moradi emphasized her critical role in driving the company's growth and operational efficiency.
AudioEye, Inc. (NASDAQ: AEYE) reported Q1 2021 financial results, showcasing a 36% revenue increase to $5.8M from $4.3M year-over-year. Gross profit surged to a record $4.4M, achieving a margin of 76.6%. Monthly Recurring Revenue (MRR) also rose 36%, reaching $1.9M. Despite these gains, the net loss increased to $2.8M due to a 57% rise in operating expenses, totaling $7.2M. The company maintains a cash position of $25.8M and reaffirms a revenue guidance of $30M to $32M for the year, with expectations to achieve cash flow positivity by late 2021.
AudioEye, Inc. (NASDAQ: AEYE) announced a conference call scheduled for May 13, 2021, at 4:30 p.m. ET to discuss its financial results for Q1 2021, ending March 31, 2021. The earnings release will precede the call. Participants can join by calling U.S. number 1-855-327-6837 or international 1-631-891-4304. The call will be available for replay for 90 days, and the webcast will be accessible via the investor relations section of AudioEye's website.
AudioEye, Inc. (NASDAQ: AEYE) announced a strategic partnership with DealerCenter to enhance digital accessibility for auto dealerships. This integration will provide ADA-compliant websites, ensuring all customers can access vehicle information seamlessly. Key benefits include an 'Accessibility Control Center' for monitoring website accessibility, continuous testing for real-time feedback, AI-driven improvements for WCAG compliance, and an accessibility toolkit for enhanced user experience. This collaboration reflects both companies' commitment to promoting equal access to digital content.
AudioEye, Inc. (NASDAQ: AEYE) has appointed Chris Hundley as its new Chief Technology Officer, effective March 22, 2021. With 25 years of experience in software and technology leadership, Hundley aims to drive the company's growth in digital accessibility. Previously, he led a successful startup, Siftrock, which was acquired by Drift. Hundley expressed personal commitment to AudioEye's mission of enhancing digital accessibility, leveraging his experience in the industry. The company continues to support ADA and WCAG compliance through innovative technology and advisory services.
AudioEye, Inc. (NASDAQ: AEYE) reported a record revenue of $20.5M for 2020, marking a 90% year-over-year increase. The fourth quarter revenue reached $5.6M, up 57%, with monthly recurring revenue (MRR) rising to $1.9M. The company improved gross margins to 73% from 66% in the previous year. Despite a net loss of $3.0M for Q4, non-GAAP losses improved to $(0.09) per share. The company anticipates revenue of $30M - $32M in 2021 while continuing to enhance its digital accessibility platform.
AudioEye, a digital accessibility platform, has scheduled a conference call for March 11, 2021, at 4:30 p.m. ET to discuss its fourth quarter and full year financial results for the period ending December 31, 2020. The discussion will include an overview of the company's financial performance, with a press release to precede the call. AudioEye aims to provide comprehensive ADA and WCAG compliance solutions, leveraging patented technology and ongoing advisory services. The call will feature a Q&A segment and will be accessible live and via replay through their investor relations webpage.
TUCSON, Ariz., March 1, 2021 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) announced the appointment of Zach Okun as Chief Product Officer. With 15 years of experience at companies like Facebook and Amazon, Okun will drive product development to support AudioEye's growth in digital accessibility. His leadership is expected to enhance the scalability and integration of AudioEye's offerings, aligned with rising demand for digital accessibility solutions. Okun aims to ensure affordability and ease of access for all businesses while maintaining high-quality product standards.
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