AudioEye Reports Record Q1 Revenue, Beats Adjusted EPS Estimates, and Issues Positive Full-Year Guidance
Summary
AudioEye announced record first-quarter revenue and adjusted EPS that surpassed analyst estimates, alongside positive financial guidance for the remainder of 2026.
Key Events
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Record Q1 Revenue
Total revenue increased 8% year-over-year to a record $10.6 million for the first quarter of 2026.
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Adjusted EPS Beat
Adjusted EPS rose to $0.18 per share, significantly exceeding analyst projections for a loss of $0.04 per share.
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Strong ARR Growth
Annual Recurring Revenue (ARR) grew sequentially to $41.2 million as of March 31, 2026, representing 12% annualized sequential growth.
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Positive Full-Year Guidance
The company issued full-year 2026 revenue guidance of $43.25 million to $44.25 million and adjusted EBITDA of at least $12 million.
Analysis
AudioEye reported strong first-quarter 2026 financial results, with record revenue and adjusted EPS exceeding analyst expectations. The company also provided optimistic guidance for the second quarter and full year 2026, signaling continued growth despite an increase in GAAP net loss primarily due to litigation expenses. This report is the first under the new CEO, Kelly Georgevich, following her promotion on May 7, 2026.
At the time of this filing, AEYE was trading at $7.81 on NASDAQ in the Technology sector, with a market capitalization of approximately $94.3M. The 52-week trading range was $5.31 to $16.39. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.