secwatch.observer — SEC 8-K summary
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Issuer:     AUDIOEYE INC (AEYE)
CIK:        0001362190
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001558370-24-014864
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AudioEye Q3 revenue $8.9M (+14% YoY), record adj EBITDA $2.0M; raises FY guidance
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- Revenue record $8.9M, +14% YoY; gross margin 80% vs 77%.
- Adjusted EBITDA record $2.0M vs $0.3M prior year; adj EPS $0.16 vs $0.02.
- ARR $36.2M, up $2.9M sequentially; customer count 126K (+18% YoY).
- Raises FY2024 revenue guidance to $35.2-35.3M; adj EBITDA $6.62-6.72M.
- Acquired ADA Site Compliance for $3.1M cash; Q4 ATM raised ~$7M at avg $24.65.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362190/000155837024014864/0001558370-24-014864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362190/000155837024014864/aeye-20241107x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-014864

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