Recap: AudioEye Q4 Earnings

AudioEye AEYE reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

AudioEye beat estimated earnings by 200.0%, reporting an EPS of $0.11 versus an estimate of $-0.11.

Revenue was up $130 thousand from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 6.0% increase in the share price the next day.

Here's a look at AudioEye's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.15	-0.16	-0.17	-0.22
EPS Actual	0.02	-0.02	0	0.01
Revenue Estimate	7.84M	7.83M	7.78M	7.75M
Revenue Actual	7.84M	7.84M	7.77M	7.74M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

AudioEye management provided guidance for FY 2024, expecting earnings between $0.29 and $0.38 per share.

To track all earnings releases for AudioEye visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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