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AudioEye Reports Record Fourth Quarter and Full Year 2020 Results Twentieth Consecutive Period of Record Revenue and MRR Gross Margins Continue to Expand as Customer Count Grows 370% in Past Year News provided by Share this article TUCSON, Ariz., March 11, 2021 /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, 2020. AudioEye Interim CEO David Moradi said, We increased revenue 90% year over year to a record $20.5M for 2020 and ended the year with record MRR of about $1.9M and approximately 32,000 customers. We also expanded our gross margins to 73% in the fourth quarter from 66% in the prior year, underscoring our ability to create leverage in our operations as more customers come online. We have also bolstered our balance sheet by raising over $14M in cash through our ATM program.

United statesSachin barotDavid moradiRob ulvelingTom coltonZach okunCarr bettisExchange commissionAudioeye incChief business officerChief productRecurring revenueGateway investor relationsAnnual reportMobile appFinancial tables