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AudioEye ( (AEYE) ) has provided an announcement.
AudioEye, Inc. has acquired ADA Site Compliance, strengthening its position in the digital accessibility market and anticipating the move to be financially accretive by the fourth quarter of 2024. The acquisition is backed by a strong financial outlook, with AudioEye raising its third-quarter revenue projections to between $8.9 million and $8.95 million and its full-year guidance to a range of $35.15 million to $35.25 million. This strategic move is expected to deepen customer relationships and boost annual recurring revenue, underlining the company’s commitment to growth and leadership in the digital accessibility space.
See more insights into AEYE stock on TipRanks’ Stock Analysis page.
