AudioEye expects Q3 2026 revenue between $10.85 mln and $11.05 mln.
Company sees full-year 2026 revenue between $43.5 mln and $44.0 mln.
AudioEye raises full-year adjusted EBITDA guidance to at least $12.7 mln.
Overview
US digital accessibility firm's Q2 revenue grew 9% yr/yr, slightly beating analyst expectations.
Adjusted EBITDA and adjusted EPS improved yr/yr, driven by higher gross profit.
Company raised full-year adjusted EBITDA guidance, considering share buybacks and dividends.
Result drivers
Revenue growth - Co said gross profit increase was driven by continued revenue growth.
Customer additions - Co said customer count rose by 9,000 yr/yr, driven by increases in the Partner and Marketplace channel.
Operating expenses - Co said operating expenses rose due to higher litigation expenses and absence of prior-year one-time gain.
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".