AudioEye Sees Q4 2023 Revenue $7.9M-$8M Vs $8.29M Est
Portfolio Pulse from Benzinga Newsdesk
AudioEye expects to generate revenue of between $7.9 million and $8.0 million in Q4 2023, which is lower than the estimated $8.29 million. The company also anticipates an increase in non-GAAP profitability and positive free cash flow in the same quarter.
November 02, 2023 | 9:58 pm
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AudioEye's Q4 2023 revenue forecast is lower than the estimated $8.29 million, which could negatively impact investor sentiment.
AudioEye's lower-than-expected revenue forecast for Q4 2023 could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
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