Investing.com - AudioEye (NASDAQ:AEYE) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AudioEye announced earnings per share of $-0.13 on revenue of $6.02M. Analysts polled by Investing.com anticipated EPS of $-0.1769 on revenue of $6.14M.
AudioEye shares are down 49.25% from the beginning of the year and are trading at $13.11 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.56% from the start of the year.
AudioEye follows other major Technology sector earnings this month
AudioEye's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on Tuesday, July 27, 2021 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
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