AudioEye Q4 2023 Adj EPS $0.110 Beats $(0.110) Estimate, Sales $7.870M Miss $7.912M Estimate
Portfolio Pulse from Benzinga Newsdesk
AudioEye reported Q4 2023 adjusted EPS of $0.110, surpassing the $(0.110) estimate, but its sales of $7.870M fell short of the $7.912M estimate, marking a 1.68% year-over-year increase.
March 06, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AudioEye's Q4 2023 earnings surpassed expectations with an adjusted EPS of $0.110, outperforming the estimated $(0.110), but sales slightly missed estimates.
The positive earnings surprise, with EPS beating estimates by 200%, is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on AEYE's stock price. However, the slight miss on sales estimates could temper some of the positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100