secwatch.observer — SEC 8-K summary
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Issuer:     AUDIOEYE INC (AEYE)
CIK:        0001362190
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001104659-24-082635
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AudioEye reports record Q2 revenue $8.5M, raises full-year guidance; adj EBITDA turns positive
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- Q2 revenue $8.5M (+8% YoY); net loss improved to $0.7M (($0.06)/share) from $2.0M (($0.17)/share).
- Adjusted EBITDA $1.5M (17% margin) vs ($0.2M) a year ago; adjusted EPS $0.12.
- Raised FY 2024 revenue guidance to $34.5M–$34.8M; adj EBITDA $6.0M–$6.3M; adj EPS $0.48–$0.51.
- ARR $33.3M, up $1.3M sequentially; customer count ~121,000 (+16% YoY).
- CEO expects to achieve Rule of 40 in Q3; DOJ and HHS rule updates support digital accessibility tailwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362190/000110465924082635/0001104659-24-082635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362190/000110465924082635/tm2419951d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-082635

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer