AEYE - AudioEye Analysts Raise Their Forecasts After Q4 Results | Benzinga
AudioEye, Inc. (NASDAQ: AEYE) reported a profit for its fourth quarter on Wednesday.
AudioEye posted adjusted earnings of 11 cents per share, versus market estimates for a loss of 11 cents per share. The company’s quarterly sales came in at $7.870 million versus expectations of $7.912 million, according to data from Benzinga Pro.
"I want to thank our employees for all their hard work in dramatically improving our efficiency, including revenue per employee, gross margins, and non-GAAP operating margin. Our efficiency metrics are now in the top tier of SaaS companies. In the fourth quarter of 2023, we delivered record adjusted EBITDA of $1.3 million, a 17% margin, adjusted ...