AudioEye, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
March 06, 2024 at 04:11 pm EST
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AudioEye, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 31.32 million compared to USD 29.91 million a year ago. Net loss was USD 5.87 million compared to USD 10.43 million a year ago.
Basic loss per share from continuing operations was USD 0.5 compared to USD 0.91 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 0.91 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. 
