Business
AudioEye Reports Record Fourth Quarter and Full Year 2019 Results, Nearly Doubles Customer Count Sequentially
Sixteenth Consecutive Period of Record Revenue Underpins Transformative Year in Which Company Brought Accessibility Solutions from Enterprise to Small
About this update from Audioeye, Inc.
[{"type":"text","content":"Sixteenth Consecutive Period of Record Revenue Underpins Transformative Year in Which Company Brought Accessibility Solutions from Enterprise to Small Business and the Mass Market\n\n\nTUCSON, Ariz., March 23, 2020 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE), an industry-leading software solution provider delivering website accessibility compliance to businesses of all sizes, reported financial results for the fourth quarter and full year ended December 31, 2019.\n\n \n \n \n \n \n \n\n \nFourth Quarter and Recent Operational Highlights\nAppointed Heath Thompson as Chief Executive Officer, who brings nearly three decades of leadership and engineering experience from organizations ranging from start-ups to large global corporations and also possesses a deep background in SaaS and software product businesses. Launched its machine-learning powered AudioEye Digital Marketplace, a suite of digital accessibility solutions enabling companies of all sizes to accelerate accessibility easily and affordably. Within AudioEye Digital Marketplace, the Company introduced the AudioEye Free and AudioEye Pro product tiers, as well as rebranded its Ally Managed Service solution to AudioEye Managed. The trio collectively encompasses a full suite of digital accessibility commerce and machine-learning solutions for all price points. For additional information on how all three product offerings are differentiated, click here. Launched Team AudioEye, a new advocacy, certification and affiliate program for digital professionals to accelerate digital accessibility by helping developers and web designers create accessible experiences for the web. Announced first-ever natively integrated platform partnership with Duda, the leading web design platform for companies that offer web design services to small businesses, enabling more than 500,000 website customers to easily and affordably achieve legal compliance for digital accessibility. Strengthened the Company's leadership and improved shareholder representation on its Board of Directors through the appointments of investors David Moradi and Jamil Tahir to the AudioEye board. High-profile, mainstream media outlets continued to look to AudioEye as a thought leader in the digital accessibility space, with featured articles in both Forbes (AudioEye Looks Out for the Disabled in the Digital World) and Fast Co...