---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-050581"
form_type: "8-K"
ticker: "AEYE"
cik: "0001362190"
company_name: "AUDIOEYE INC"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:40:56.732322+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AudioEye Q1 revenue $8.1M record, raised FY2024 guidance; net loss narrows to $0.8M

## Summary
- Q1 2024 revenue rose 4% YoY to a record $8.1M; ARR reached $32.0M as of March 31, 2024.
- Net loss improved 59% to $0.8M ($0.07 loss per share) from $2.0M ($0.17 loss) a year ago.
- Adjusted EBITDA swung to $0.9M ($0.08 EPS) from negative $0.1M ($0.00 EPS) in Q1 2023.
- Raises full-year 2024 guidance: revenue $34.3-34.7M, adjusted EBITDA $4.5-5.5M, adjusted EPS $0.38-0.46.
- DOJ final rule under ADA Title II expected to drive demand; customer count up 18% to ~112,000.

## SEC filing metadata
- accession: 0001104659-24-050581
- form_type: 8-K
- ticker: AEYE
- cik: 0001362190
- company_name: AUDIOEYE INC
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362190/000110465924050581/0001104659-24-050581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362190/000110465924050581/tm2412126d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-050581
- JSON: https://secwatch.observer/filing/0001104659-24-050581.json
- Plain text: https://secwatch.observer/filing/0001104659-24-050581.txt

## Key facts
- Earnings Releases
  AUDIOEYE INC reported first quarter ended March 31, 2024 results: revenue $8.1M, net income $0.8M, or $(0.07) per share. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $8.1M
  - Net income: $0.8M, or $(0.07) per share
  - Guidance: raised
  - Result: reported results
  source text: and we are well positioned to meet the much higher demand expected from the public sector.” First Quarter 2024 Financial Results ● Total revenue increased 4% to a record $8.1M from $7.8M in the same prior year period. ● Gross profit increased to $6.3M (78% of total revenue) from $6.1M (78% of total revenue) in the same prior year period. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362190/000110465924050581/0001104659-24-050581-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.