Recap: AudioEye Q1 Earnings

AudioEye (NASDAQ:AEYE) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM. Here’s what investors…

AudioEye (NASDAQ:AEYE) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.

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

Earnings

AudioEye missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.17.

Revenue was up $866 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 1.42% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.22 -0.24 -0.32 -0.42
EPS Actual 0.01 0.01 -0.02 -0.12
Revenue Estimate 7.75M 7.75M 7.51M 6.78M
Revenue Actual 7.74M 7.70M 7.57M 6.91M

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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