AudioEye shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance above estimates. Additionally, multiple firms maintained a Buy rating on the stock.
Portfolio Pulse from Benzinga Newsdesk
AudioEye shares surged after the company reported better-than-expected Q2 financial results and raised its FY24 guidance above estimates. Multiple firms also maintained a Buy rating on the stock.
July 26, 2024 | 5:09 pm
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AudioEye shares surged after the company reported better-than-expected Q2 financial results and raised its FY24 guidance above estimates. Multiple firms also maintained a Buy rating on the stock.
The better-than-expected Q2 financial results and raised FY24 guidance are strong positive indicators for AudioEye. Additionally, the maintenance of Buy ratings by multiple firms further supports a positive short-term outlook for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100