AudioEye Revises Q3 Revenue Forecast From $8.85M - $8.95M To $8.9M - $8.95M (Est $8.899M), Continues To See Adjusted EPS Of $0.15 - $0.16
Portfolio Pulse from Benzinga Newsdesk
AudioEye has revised its Q3 revenue forecast slightly upwards to a range of $8.9M - $8.95M, aligning closely with the estimated $8.899M. The company maintains its adjusted EPS forecast at $0.15 - $0.16.
September 30, 2024 | 10:11 am
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AudioEye has slightly increased its Q3 revenue forecast to $8.9M - $8.95M, which is in line with market estimates. The company also maintains its adjusted EPS guidance.
The upward revision of the revenue forecast, although slight, indicates positive performance and aligns with market expectations. Maintaining EPS guidance suggests stability in earnings, which is likely to have a positive short-term impact on the stock price.
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