TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — AudioEye, Inc. (AEYE) on Thursday reported a loss of $1.2 million in its third quarter.
On a per-share basis, the Tucson, Arizona-based company said it had a loss of 10 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 16 cents per share.
The company posted revenue of $8.9 million in the period.
For the current quarter ending in December, AudioEye said it expects revenue in the range of $9.7 million to $9.8 million.
The company expects full-year revenue in the range of $35.2 million to $35.3 million.
AudioEye shares have climbed fivefold since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.14, increasing fivefold in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEYE at https://www.zacks.com/ap/AEYE
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