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AudioEye: Q4 Earnings Snapshot

AudioEye: Q4 Earnings Snapshot

By AP News
Published - Mar 06, 2024, 04:28 PM ET
Last Updated - Mar 06, 2024, 04:28 PM EST

TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — AudioEye, Inc. (AEYE) on Wednesday reported a loss of $533,000 in its fourth quarter.

On a per-share basis, the Tucson, Arizona-based company said it had a loss of 4 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 11 cents per share.

The company posted revenue of $7.9 million in the period.

For the year, the company reported that its loss narrowed to $5.9 million, or 50 cents per share. Revenue was reported as $31.3 million.

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