AudioEye, Inc. (AEYE) Provides Expected Q4 Earnings, Market Outlook for 2014
AudioEye, developer of patented Internet content publication and distribution software, said it expects to report fourth-quarter revenue of more than $690,000, a sequential increase of approximately 82 percent compared to third-quarter revenue of $381,540, and drastically higher than revenue of $3,226 reported in the fourth quarter of last year. For the 12 months ended December 31, 2013, the company expects to report a revenue of more than $1.5 million, an increase of 430 percent compared with 2012 revenue of $282,063. The company also increased its gross profit margin to at least 74 percent of sales in the fourth quarter from…