AudioEye Reports Second Quarter 2019 Results

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Audioeye, Inc. (AEYE) Misses Q2 EPS by 8c, Slight Beat on Revenues; Raises FY19 Revenue & Bookings Outlook

August 14, 2019 4:44 PM EDT

Audioeye, Inc. (NASDAQ: AEYE) reported Q2 EPS of ($0.27), $0.08 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $2.44 million versus the consensus estimate of $2.42 million.

Second Quarter and Recent Operational Highlights

Continued to grow direct sales channel client roster in the second quarter with prominent new customers from the technology, fashion, retail, hospitality and healthcare space among others.Continued to fortify new indirect channel partner relationships. Currently, 18 established channel partners offer AudioEye as their exclusive digital accessibility solution to their clients.Increased the sales and... More