Audioeye, Inc. (AEYE) Stories Q3 Loss, Tops Income Estimates

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Audioeye, Inc. (AEYE) Stories Q3 Loss, Tops Income Estimates

Audioeye, Inc. (AEYE) got here out with a quarterly lack of $0.27 per share versus the Zacks Consen


Audioeye, Inc. (AEYE) got here out with a quarterly lack of $0.27 per share versus the Zacks Consensus Estimate of a lack of $0.22. This compares to lack of $0.19 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -22.73%. 1 / 4 in the past, it was anticipated that this firm would publish a lack of $0.16 per share when it really produced a lack of $0.27, delivering a shock of -68.75%.

During the last 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.

Audioeye, Inc.Which belongs to the Zacks Web – Software program trade, posted revenues of $2.78 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $1.49 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.

The sustainability of the inventory’s rapid worth motion primarily based on the recently-released numbers…



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