AudioEye (AEYE) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.16, delivering a surprise of 14.29%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.AudioEye, which belongs to the Zacks ...

Financial Performance - The company incurred a net loss of $4,254,000 for the year ended December 31, 2024, with an accumulated deficit of $95,746,000 as of the same date[44]. - The company has $5.7 million in cash as of December 31, 2024, and will require additional capital for future business development[46]. - The company has a history of generating significant losses and may not achieve consistent profitability in the future[44]. Competition and Market Risks - The company is subject to significant competition from larger, better-financed companies, which may impact its ability to achieve profitability[59]. - The company must navigate weakened global economic conditions that may impact its business and results[49]. - If the company fails to adapt to changing market conditions and customer requirements, it could lose customers and market share[80]. Strategic Opportunities and Acquisitions - The company may pursue strategic opportunities, including acquisitions, which could involve significant management resources and costs[52]. - The company acquired ADA Site Compliance on September 27, 2024, but faces risks in successfully integrating the business and achieving expected benefits[62]. - Expansion into new products and markets presents additional risks, including potential lower profitability and challenges in customer adoption[74]. Legal and Regulatory Risks - The company faces risks related to litigation, which could adversely affect its financial position and results of operations[50]. - The company may face increased legal proceedings related to intellectual property rights, which could adversely affect its financial condition and operations[69]. - The current legal environment remains unclear, and there is a risk of unintentional violations of laws that could impact the company's offerings[70]. - The company may face risks related to government contracts, including audits and potential penalties for violations[78]. Operational Risks - The company relies on its intellectual property rights for competitive advantage, but faces challenges in protecting these rights[63]. - The growth of online services, IoT, and next-generation applications is critical for the company's success, but there are risks that this growth may not occur as expected[71]. - System interruptions and lack of redundancy could lead to reduced net sales and negatively affect the attractiveness of the company's products and services[75]. - The company’s success is dependent on its employees, including senior management, and any delays in execution due to new personnel could impact business strategies[73]. Stockholder and Market Considerations - The company does not expect to pay dividends to common stockholders in the foreseeable future, affecting potential investor returns[93]. - The company has approximately 12,285,000 shares of common stock issued and outstanding as of December 31, 2024[108]. - The company has outstanding options to purchase an aggregate of approximately 36,000 shares of common stock and restricted stock units covering approximately 1,315,000 shares[108]. - As of January 31, 2025, directors and executive officers beneficially owned approximately 29% of the aggregate voting power of the company's outstanding shares[113]. - The company must maintain a minimum amount of stockholders' equity and a minimum number of holders of its securities to avoid delisting from the Nasdaq Capital Market[99]. - The company has historically experienced limited trading volume and significant price volatility, which may reduce liquidity[98]. - The company is subject to reporting obligations under the Securities Exchange Act of 1934, which places significant demands on its resources[112]. - The company may face substantial costs and management time consumption if it fails to maintain effective internal controls over financial reporting[97]. - The company’s common stock may be subject to delisting if it fails to meet the continuing listing criteria of the Nasdaq Capital Market[99]. - The issuance of additional shares may dilute existing stockholders' interests and reduce the market price of the common stock[110]. - The company’s stock price may decline if analysts publish unfavorable research or cease coverage[111].

Revenue Growth - Total revenue for Q4 2024 increased 24% to a record $9.7 million from $7.9 million in the same prior year period[6] - Total revenue for the full year 2024 increased 12% to a record $35.2 million from $31.3 million in 2023[6] - Revenue for Q4 2024 was $9,723,000, a 23.5% increase from $7,869,000 in Q4 2023[30] - For 2025, the company is guiding revenue between $41 million and $42 million, representing an 18% growth at the midpoint[3] Adjusted EBITDA and Earnings - Adjusted EBITDA for Q4 2024 was a record $2.3 million, with an adjusted EPS of $0.18 per share, compared to adjusted EBITDA of $1.3 million and adjusted EPS of $0.11 per share in the same prior year period[6] - The company expects adjusted EBITDA for 2025 to be between $9 million and $10 million, indicating a 41% growth at the midpoint[3] - Adjusted EBITDA for Q4 2024 was $2,291,000, representing an Adjusted EBITDA margin of 24%, compared to 17% in Q4 2023[33] - Adjusted earnings per diluted share for Q4 2024 was $0.18, up from $0.11 in Q4 2023[33] Customer Growth - The company had approximately 127,000 customers as of December 31, 2024, an increase of 17,000 from December 31, 2023[12] Operating Expenses - In Q4 2024, total operating expenses increased 36% to $9.1 million, primarily due to increased selling and marketing expenses and litigation costs[6] - Total operating expenses for Q4 2024 were $9,081,000, compared to $6,665,000 in Q4 2023, reflecting a 36.3% increase[30] Financial Position - Total assets increased to $29,766,000 as of December 31, 2024, from $25,495,000 in 2023, marking a growth of 17.8%[32] - Cash and cash equivalents decreased to $5,651,000 in 2024 from $9,236,000 in 2023, a decline of 38.5%[32] Capital Raising - The company completed an at-the-market offering in Q4 2024, raising approximately $7 million at an average share price of $24.65[12] Product Development - AudioEye launched new role-based courses on its accessibility learning platform, AudioEyeQ, in February 2025[12] Net Loss - Net loss for Q4 2024 was $1,488,000, compared to a net loss of $533,000 in Q4 2023, indicating a deterioration in performance[30] Forward-Looking Statements - The company anticipates providing forward-looking non-GAAP financial measures for adjusted EBITDA and adjusted EPS guidance for Q1 and full year 2025[27]

Thirty-Sixth Consecutive Period of Record Revenue24% Year-Over-Year Revenue Growth and 24% Adjusted EBITDA Margin in the Fourth QuarterGuiding 2025 Revenue Between $41 and $42 Million, 18% Growth at MidpointTUCSON, Ariz., March 12, 2025 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, reported financial results for the fourth quarter and full year ended December 31, 2024. "I am very pleased with our fourth quarter and 2024 resul ...

AudioEye (AEYE) is scheduled to release its fourth-quarter 2024 results on March 12. In the fourth quarter of 2024, the company expects to generate revenues between $9.7 million and $9.8 million, representing 24% year-over-year growth. It also expects adjusted EBITDA between $2.2 million and $2.3 million and adjusted EPS between 18 cents and 19 cents per share.For the fourth quarter, the Zacks Consensus Estimate for revenues is pegged at $9.73 billion, suggesting a rise of 23.67% from the prior-year quarter ...

Core Viewpoint - Brokerage recommendations, particularly for AudioEye (AEYE), suggest a strong buy sentiment, but reliance solely on these recommendations may not be prudent due to potential biases and misalignment with retail investors' interests [2][4][9]. Group 1: Brokerage Recommendations - AudioEye has an average brokerage recommendation (ABR) of 1.20, indicating a consensus between Strong Buy and Buy, with 80% of recommendations being Strong Buy and 20% being Buy [2]. - The ABR is calculated based on recommendations from five brokerage firms, highlighting a strong positive bias in their ratings [5][9]. Group 2: Zacks Rank Comparison - Zacks Rank categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, providing a more reliable indicator of stock performance compared to ABR [7][10]. - The Zacks Consensus Estimate for AudioEye remains unchanged at $0.52, suggesting stable earnings prospects and a Zacks Rank of 3 (Hold) for the stock [12][13]. Group 3: Investment Caution - Given the unchanged earnings estimates and the Zacks Rank of Hold, caution is advised despite the positive ABR for AudioEye, indicating potential alignment with broader market performance rather than significant price appreciation [12][13].

Analysis of 15,000 websites finds an average of 297 accessibility issues per page, highlighting significant legal vulnerabilities across retail, hospitality, and other industriesTUCSON, Ariz., March 5, 2025 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, today announced the release of its 2025 Digital Accessibility Index, a comprehensive analysis of digital accessibility compliance across key industries including education, fin ...

Core Viewpoint - AudioEye, Inc. will hold a conference call on March 12, 2025, to discuss its financial results for Q4 and the full year ended December 31, 2024 [1] Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. Eastern Time [2] - U.S. dial-in number is 877-407-8289, and the international number is 201-689-8341 [2] - A live webcast will be available, and a replay will be accessible for 90 days via the investor relations section of the company's website [3] Group 2: Company Overview - AudioEye is a leader in digital accessibility, combining AI automation technology with expert fixes [4] - The company serves over 126,000 customers, including notable brands like Samsung, Calvin Klein, and Samsonite [4] - AudioEye holds 24 U.S. patents and offers comprehensive solutions including 24/7 accessibility monitoring and legal protection [4]

Core Insights - AEYE Health and Topcon Healthcare have achieved a significant milestone in diabetic retinopathy screening with a fully autonomous AI diagnostic solution that boasts 100% imageability and does not require dilation for patients [1][4][7] Company Overview - AEYE Health specializes in AI-based diagnostic screening solutions for retinal imaging, aiming to enhance accessibility and accuracy in diabetic retinopathy screenings [6] - Topcon Healthcare is a leader in digital healthcare solutions, focusing on improving access and quality of care through innovative technologies [8] Clinical Efficacy - The AEYE-DS AI technology, in combination with Topcon's NW500 camera, has demonstrated exceptional clinical results, achieving 92% sensitivity and 90% specificity in diagnostic efficacy [7] - The solution allows for screening to be completed in under one minute, significantly improving patient throughput [2][4] Market Impact - With over 40 million people in the U.S. and 830 million globally living with diabetes, the partnership aims to address the critical need for early detection of diabetic retinopathy, which affects a large percentage of diabetic patients [5] - The introduction of this technology is expected to increase the adoption of AI screening in the U.S. and worldwide, ensuring that more patients receive timely diagnostic opportunities [4] Technological Innovation - AEYE-DS is the only FDA-cleared autonomous AI solution that requires just one image per eye, making it a practical alternative for point-of-care screenings [2][6] - The integration of Harmony®, a cloud-based digital health platform, enhances the usability and efficiency of the diagnostic process [3][8]

Group 1: Stock Performance - AudioEye's stock closed at $18.41, reflecting a -1.29% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 0.03% [1] - Over the past month, AudioEye's shares have appreciated by 26.18%, outperforming the Computer and Technology sector's gain of 2.31% and the S&P 500's gain of 4.19% [1] Group 2: Upcoming Earnings - Analysts expect AudioEye to post earnings of $0.18 per share, marking a year-over-year growth of 63.64% [2] - The consensus estimate for revenue is $9.73 million, showing a 23.67% increase compared to the year-ago quarter [2] Group 3: Analyst Estimates - Recent adjustments to analyst estimates for AudioEye reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [3] Group 4: Zacks Rank and Valuation - AudioEye currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining steady over the past month [5] - The company is trading at a Forward P/E ratio of 27.23, which is a discount compared to the industry average Forward P/E of 30.99 [6] Group 5: PEG Ratio and Industry Ranking - AudioEye has a PEG ratio of 1.09, compared to the Internet - Software industry's average PEG ratio of 2.33 [7] - The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 73, placing it in the top 30% of all industries [7][8]