AudioEye Q2 Adj EPS $(0.02) Beats $(0.16) Estimate, Sales $7.84M Beat $7.83M Estimate
Portfolio Pulse from bharat@benzinga.com
AudioEye reported Q2 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.16) by 87.5%. The company's quarterly sales were $7.84 million, surpassing the analyst consensus estimate of $7.83 million by 0.08%. This represents a 3.53% increase over sales of $7.57 million the same period last year.
August 10, 2023 | 8:12 pm
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POSITIVE IMPACT
AudioEye's Q2 results exceeded expectations, with losses per share and sales both beating estimates. This could potentially boost investor confidence in the company.
AudioEye's better-than-expected Q2 results indicate strong performance, which could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100