AEYE - AudioEye Non-GAAP EPS of -$0.02 revenue of $7.84M
2023-08-10 16:24:41 ET
- AudioEye press release ( NASDAQ: AEYE ): Q2 Non-GAAP EPS of -$0.02.
- Revenue of $7.84M (+3.2% Y/Y).
- Annual Recurring Revenue ("ARR") as of June 30, 2023, increased sequentially to $29.7M from $29.6M as of March 31, 2023.
- Company expects to generate revenue of between $7.8 million and $7.9 million in the third quarter of 2023.
- Management forecasts that ARR will increase by approximately $1 million sequentially.
- Company also expects to generate a non-GAAP profit of approximately $100,000 in the third quarter and expects cash flow to inflect positively by the fourth quarter of this year.
For further details see:
AudioEye Non-GAAP EPS of -$0.02, revenue of $7.84M