Recap: AudioEye Q4 Earnings

AudioEye (NASDAQ: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:

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.