AudioEye Reports Record Fourth Quarter and Full Year 2019 Results, Nearly Doubles Customer Count Sequentially
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Audioeye, Inc. (AEYE) Tops Q4 EPS by 14c, Revenues Beat
March 23, 2020 3:22 PM EDTAudioeye, Inc. (NASDAQ: AEYE) reported Q4 EPS of ($0.16), $0.14 better than the analyst estimate of ($0.30). Revenue for the quarter came in at $3.6 million versus the consensus estimate of $3.14 million.
Fourth Quarter 2019 Financial Results
Bookings increased 90% to $6.6M from $3.5M in the same year-ago period. The increase in bookings was primarily due to strength in the Company\'s enterprise channel and execution against the current sales pipeline as well as improved performance within the Company\'s vertical partner channel through deeper penetration in existing customers.Total revenue increased 100% to... More