AudioEye reports record Q3 revenue of $7.84M; non-GAAP profit of $0.3M

AUDIOEYE INC

2023-Q3 EPS reported -$0.46 revenue$23,446,000

Revenue $7.84M (+2% YoY); gross margin 77% vs 75% prior year.
Net loss improved 41% to $1.4M ($0.11 loss per share) from $2.3M ($0.20).
Non-GAAP net profit $0.3M ($0.02 EPS) vs $0.1M ($0.01) a year ago.
ARR $30.5M, up sequentially from $29.7M; customer count 107K (+32% YoY).
Q4 revenue guidance $7.9-8.0M; expects positive free cash flow and higher non-GAAP profit.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AUDIOEYE INC reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 2, 2023, AudioEye, Inc. (the “Company”) issued a press release reporting its financial results for the fiscal quarter ended September 30, 2023.

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Source: SEC EDGAR

accession 0001104659-23-113771

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