AudioEye shares are trading lower after the company reported Q2 financial results and issued Q3 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
AudioEye reported Q2 financial results and issued Q3 revenue guidance below estimates, causing its shares to trade lower.
August 11, 2023 | 3:58 pm
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NEGATIVE IMPACT
AudioEye's shares are trading lower due to disappointing Q2 results and lower than expected Q3 revenue guidance.
AudioEye's lower than expected Q3 revenue guidance and Q2 results have negatively impacted investor sentiment, leading to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100