AudioEye (NASDAQ:AEYE – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.150-0.160 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $8.9 million-$9.0 million, compared to the consensus revenue estimate of $8.9 million. AudioEye also updated its FY 2024 guidance to 0.510-0.530 EPS.
AudioEye Stock Up 1.3 %
AEYE stock opened at $23.66 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.39. AudioEye has a 1 year low of $3.75 and a 1 year high of $29.30. The company has a fifty day simple moving average of $22.43 and a 200 day simple moving average of $19.05. The firm has a market cap of $275.38 million, a PE ratio of -60.67, a PEG ratio of 6.50 and a beta of 1.00.
AudioEye (NASDAQ:AEYE – Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. The firm had revenue of $8.47 million for the quarter, compared to the consensus estimate of $8.45 million. AudioEye had a negative net margin of 10.70% and a positive return on equity of 12.34%. Sell-side analysts anticipate that AudioEye will post 0.14 EPS for the current fiscal year.
Analysts Set New Price Targets
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About AudioEye
AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.
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