Recap: AudioEye Q4 Earnings
Portfolio Pulse from Benzinga Insights
AudioEye (NASDAQ:AEYE) reported Q4 earnings, beating estimates with an EPS of $0.11 versus an expected -$0.11, and announced a revenue increase of $130 thousand year-over-year. The company has consistently beaten EPS estimates in the past year, leading to share price increases. For FY 2024, AudioEye expects earnings between $0.29 and $0.38 per share.
March 06, 2024 | 9:15 pm
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AudioEye reported a significant Q4 earnings beat with an EPS of $0.11 against an expected -$0.11 and a revenue increase from the previous year. The company also provided positive FY 2024 earnings guidance.
AudioEye's significant beat on Q4 earnings expectations and positive guidance for FY 2024 are likely to instill investor confidence and could lead to a short-term increase in stock price, similar to the past pattern observed after earnings beats.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100