AudioEye Q3 revenue record $6.2M (+17% YoY); net loss widens to $4.7M

AUDIOEYE INC

2021-Q3 EPS reported -$0.85 revenue$18,011,000

Revenue record $6.2M (+17% YoY); MRR $2.1M (+24%); gross margin 74.7% vs 71.0%.
GAAP net loss $4.7M ($0.41/sh) vs $1.1M ($0.12); non-GAAP loss $2.8M ($0.24).
Customers ~80,000 (+270% YoY); cash $22.0M, up from $9.1M at Dec 2020.
Q4 revenue guidance $6.3-6.5M (15% YoY growth at midpoint); promoted three executives.

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