AudioEye, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 24, 2024 at 01:40 am IST
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AudioEye, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 8.08 million compared to USD 7.77 million a year ago. Net loss was USD 0.829 million compared to USD 2.01 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.17 a year ago.
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. 