Investing.com - AudioEye (NASDAQ:AEYE) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AudioEye announced earnings per share of $-0.02 on revenue of $7.57M. Analysts polled by Investing.com anticipated EPS of $-0.2285 on revenue of $7.51M.
AudioEye shares are down 11.25% from the beginning of the year and are trading at $6.23 , down-from-52-week-high.They are outperforming the Nasdaq which is down 20.14% from the start of the year.
AudioEye follows other major Information Technology sector earnings this month
AudioEye's report follows an earnings beat by Apple on Thursday, July 28, 2022, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on Tuesday, July 26, 2022 with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.38B.
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