News & Events zu AudioEye Inc (AEYE)AEYEAudioEye Inc

Nasdaq and S&P 500 Bounce Back as Anthropic IPO Revives Investor Optimism

Nasdaq Composite and S&P 500 bounced after two consecutive losing sessions, as the S-1 pre-IPO filing by Anthropic revived investor optimism in the AI trade.  Technology - bolstered by pro-AI spaces like semiconductors, computer hardware, equipment, and communication  stocks - was the best-performing sectors in the S&P 500.  After a 20% decline over the past three weeks, iShares Semiconductors ETFended the day up 3%, though the Software ETF (IGV) was also higher by 0.7%, gaining for the second straight day.   Among the notable decliners on Monday, an equity offering out of Metaweighed on the stock by about 2%, while a revenue miss by Verizonsaw the stock sell off by over 3%.  Overall, Communication Services was by far the worst-performing sector in the S&P 500 index.In the opening hour of the evening session, S&P e-Minis and Nasdaq 100 contracts are both down by 0.1%.  In commodities, WTI crude oil futures are down slightly, with energy markets somewhat less on edge as fears of renewed strikes on Iran have not materialized.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Celesticaup 16.2%Hawkinsup 10.8%JetBlue Airwaysup 10.1%AudioEyeup 7.8%Amkor Technologyup 3.4%Cadence Design Systemsup 2.7%DOWN AFTER EARNINGS -Whirlpooldown 8.5%Custom Truck One Sourcedown 8.5%Clearwater Paperdown 7.3%Brown & Browndown 3.6%Rambusdown 1.9%

AudioEye Reports Q3 Revenue of $11M, Raises Adjusted EBITDA Guidance

Reports Q3 revenue $11M, consensus $10.93M. "Starting in 2025 we set an aspirational goal of producing 30-40% annual growth over three years in adjusted EBITDA and adjusted EPS. In the second year, we are on track to exceed this goal with approximately 50% year-over-year growth while also generating GAAP profitability in the third quarter. In Q3 gross margins also improved by over 550 basis points to 83%, with an adjusted gross margin of 88%. We are increasing adjusted EBITDA guidance, and we now expect to generate over $17 million of annualized adjusted EBITDA in the fourth quarter with continued GAAP profitability. We also expect to generate significant cash going forward and recently announced a stock repurchase program of $15 million, which represents 15% of the outstanding shares at current prices," said Kelly Georgevich, Chief Executive Officer of AudioEye. "The business is strong, and we expect annualized sequential revenue growth of approximately 20% in the fourth quarter, contributing to increased operating leverage." Georgevich continued, "In October, we launched two new AI products, Agentic Audits and the AudioEye SDK MCP, both powered by AudioEye Intelligence, our proprietary dataset built from more than one million human reviews over a decade. We expect that these new tools will improve our industry leading legal protection rate even further."

Sees Q4 Revenue of $11.4M-$11.6M

Sees Q4 revenue $11.4M-$11.6M, consensus $11.43M.