AudioEye Announces Customer Update and Preliminary Outlook for Fourth Quarter 2020 and Full Year 2021 Revenue
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Preliminary Fourth Quarter 2020 Updates
Expected to end the quarter with a customer count of approximately 32,000.
New partnership with a top U.S. digital agency launching in January to on-board an additional 33,000 customers at a basic service tier with upgrade provisions.
Fourth quarter 2020 revenue is expected to be in the range of $5.4 million to $5.6 million and full year 2020 revenue of $20.3 million to $20.5 million.
Financial Outlook
For 2021, the Company expects revenue in the range of $30 million to $32 million and reiterates its expectation to grow MRR and become cash flow positive in 2021.