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AudioEye, Inc. (AEYE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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17.98-0.23 (-1.24%)
As of 3:56PM EDT. Market open.
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  • G
    Gauri
    First Quarter 2021 very promising Financial Results
    • Total revenue increased 36% to a record $5.8M from $4.3M in the same prior year period.
    • Monthly Recurring Revenue (MRR) as of March 31, 2021 increased 36% to $1.9M from $1.4M as of March 31, 2020.
    • Gross profit increased to a record $4.4M (76.6% of total revenue) from $2.9M (69% of total revenue) in the same prior year period. The increase in gross profit was primarily due to scale and increased platform and product investment resulting in efficiencies as the Company continues to improve and expand the level of automation in its product offerings.
    • Total operating expenses increased 57% to $7.2M from $4.6M in the same prior year period. The increase in operating expenses was due to across the board increases in sales and marketing, research and development and general and administrative expenses.
    • Net loss available to common stockholders was $2.8M, or $(0.27) per share, compared to $1.7M, or $(0.19) per share, in the same prior year period. The greater net loss was primarily due to the increase in operating expenses discussed above and the Company’s continued investments to support scalable and profitable long-term growth.
    • At quarter-end, the Company had $25.8M in cash, compared to $9.1M on December 31, 2020.
     
    Other Updates
    • Continued to grow client roster to approximately 68,000 customers as of March 31, 2021, representing an increase of approximately 500% over March 31, 2020.
    • Strengthened the Company’s leadership by adding Chris Hundley as CTO.
    • Generated free cash flow driven by strong working capital management.

    Financial Outlook
    The Company is reiterating its full-year revenue guidance range of $30M to $32M. Subject to ongoing economic conditions, management expects operations to turn cash flow positive late in 2021.
  • a
    ada
    I read call earnings, sound promising!
    Bullish
  • G
    Gauri
    This will bounce back big hold on to your shares, long and strong. Great company with strong fundamentals. Their customer base has grown by 400% in last one year. Next quarter will beat the consensus. A fast growing company with some hiccups as usual..
  • G
    Gauri
    Continued to grow client roster to approximately 68,000 customers as of March 31, 2021, representing an increase of approximately 500% over March 31, 2020.
    • Strengthened the Company’s leadership by adding Chris Hundley as CTO.
    • Generated free cash flow driven by strong working capital management.
  • A
    Andrew
    Good team, good profit, nice future. This price is a gift
    Bullish
  • I
    Irene
    What is happening with AEYE? Why does it go down when all the data shows it should go up? Can someone explained please?
  • G
    Gauri
    Audio eye winning technology the future! Bought 500 shares today as it is going to pop very soon.
    Bullish
  • G
    Gauri
    David Moradi, AudioEye’s interim CEO. said “With our investments in technology, we are hitting a tipping point, making a larger impact to sites’ accessibility than ever before. In the last year, we’ve grown our customer base by more than 400% in 2020 by continuing to invest in the technology and team to scale our platform.”
    Bullish
  • D
    David
    This company only has 20 million shares outstanding...that is a plus.
  • G
    Gauri
    Chris Hundley has joined the Company as Chief Technology Officer. With 25 years of software and technology leadership experience, Chris will lead AudioEye's engineering organization to support the Company's growth and its mission to make digital content accessible to everyone.
    Bullish
  • G
    Gauri
    AudioEye announced a new platform aimed at helping companies create and maintain more accessible websites. The company said in a press release the new product takes a “hybrid approach”—combining human knowledge with artificial intelligence and machine learning to provide a best of both worlds experience.
    Great Company! Awesome growth Prospects!
    Bullish
  • G
    Gauri
    Source - Forbes -
    “The online world still remains largely inaccessible to millions of people. We’re working to eradicate those barriers by making it simple and affordable for organizations of all sizes to improve the accessibility of their digital content,” said David Moradi, AudioEye’s interim CEO. “With our investments in technology, we are hitting a tipping point, making a larger impact to sites’ accessibility than ever before. In the last year, we’ve grown our customer base by more than 400% by continuing to invest in the technology and team to scale our platform.”
    Bullish
  • G
    GPLS72
    its a shame this stock is not optional
  • G
    Gauri
    Audio eye customer base grew by 400% in 2020.
    Bullish
  • G
    Gauri
    Forbes - “Accessibility requires both automation and human expertise. Our platform gives companies both,” said Dominic Varacalli, President of AudioEye. “We provide the peace of mind that comes with constant monitoring and testing, remediation, and reporting. AudioEye makes accessibility compliance easy for the largest enterprises and the smallest startups.”
    Bullish
  • G
    Gauri
    Audio eye is going to grow really big tech company, right time to buy now!
    Bullish
  • m
    mohamed
    I see a cup and handle in the making .. am i the only one?
  • A
    Andrew
    Jesus. Down for like the 10 day in a row? Give me a break.
    Neutral
  • S
    Seth
    How many people have bought this thinking they were buying the Lidar company with the same name?
  • a
    ada
    I’m in!
    Bullish