Reports Q1 revenue $10.6M, consensus $10.55M. “We demonstrated strong annual recurring revenue growth in the first quarter with 12% annualized sequential growth reaching $41.2 million of ARR. As ARR grows, we expect sequential quarterly revenue growth to accelerate over the course of the year, and operating leverage should lead to significant operating margin improvement,” said Kelly Georgevich, Chief Executive Officer of AudioEye (AEYE).
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Read More on AEYE:
- AudioEye Names New CEO in Leadership Realignment
- Analyst Reaffirms Buy on AudioEye, Maintaining $15 Price Target Amid Leadership Transitions and AI-Driven Growth Outlook
- AudioEye appoints Kelly Georgevich as CEO
- AudioEye sees Q1 revenue $10.55M, consensus $10.54M
- AudioEye downgraded to Neutral from Buy at B. Riley