Audioeye, Inc. (AEYE) Tops Q2 EPS by 16c

Audioeye, Inc. (NASDAQ: AEYE) reported Q2 EPS of ($0.13), $0.16 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $6 million versus the consensus estimate of $6.13 million.

"In the second quarter we resumed sequential growth in MRR and maintained margins in the mid-70%s. We are continuing to see sequential growth in MRR across all recurring revenue lines and expect revenue to be in the range of $6.1M to $6.3M for the third quarter of 2021."

"Over the past two quarters we have invested heavily in our platform and in our people. We continue to lead the market with the most robust and transparent solution that couples advanced artificial intelligence and human assisted technology by certified remediation and subject matter experts. We are in the early innings of digital accessibility and are well positioned to capitalize on future growth."

For earnings history and earnings-related data on Audioeye, Inc. (AEYE) click here.

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