AudioEye: Q2 Earnings Snapshot

Associated Press Finance
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TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — AudioEye, Inc. (AEYE) on Thursday reported a loss of $2 million in its second quarter.

The Tucson, Arizona-based company said it had a loss of 17 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 2 cents per share.

The company posted revenue of $7.8 million in the period.

AudioEye expects full-year revenue in the range of $7.8 million to $7.9 million.

AudioEye shares have climbed 50% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.73, a fall of 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEYE at https://www.zacks.com/ap/AEYE

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