AudioEye, Inc. Announces Sales Results for the Year 2017; Reaffirms Sales Guidance for the Year 2018
January 10, 2018 at 04:30 pm IST
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AudioEye, Inc. announced sales results for the year 2017. For 2017, the company secured revenue of more than $2.7 million, an increase of more than 172% from $994,000 in the prior year.
The company previously released 2018 targets for revenue between $6.5 million and $7.5 million and cash contract bookings between $11 million and $12 million, indicating expected continued rapid growth in its business.
AudioEye, Inc. is a digital accessibility platform company that delivers Website accessibility compliance at all price points to businesses of all sizes. The Company operates in one segment as a provider of Internet content publication and distribution software and related services and enables the conversion of digital content into accessible formats and allows for real-time distribution to end users on any Internet-connected device. Its solutions are backed by machine-learning/artificial intelligence-driven technology that finds and fixes common accessibility errors. Its technology addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and more. Its offerings include an always-on testing, remediation, and monitoring solution. The Company offers additional solutions, such as periodic auditing, human assisted technological remediations and legal support services. It also offers remediation services and Native Mobile App and Audit reports to help its customers.
AUDIOEYE, INC. 
