AudioEye Inc

AudioEye raised its full-year 2026 adjusted EBITDA guidance to at least $12.7 million, up from a prior floor of at least $12 million, and reiterated a run rate adjusted EBITDA of over $15 million by the end of 2026. The company reported second-quarter revenue of $10.7 million, a 9% increase from the prior year, with annual recurring revenue of $42.3 million as of June 30, 2026. Adjusted EBITDA for the quarter was about $3 million, representing a 28% margin, while adjusted free cash flow was $2.6 million. CEO Kelly Georgevich said the company is evaluating options to deploy excess cash, including potential share buybacks and dividends, and expects litigation expense to decline in the second half of 2026, resulting in substantial cash generation. Full-year revenue guidance was narrowed to $43.5 million to $44 million, with third-quarter revenue guided to $10.85 million to $11.05 million.

AudioEye has appointed Matthew Domeyer as its new Chief Financial Officer, effective July 20. Domeyer brings nearly 20 years of finance experience, most recently serving as Corporate Controller at Flexsteel Industries, where he managed financial operations and SEC reporting. He will partner with CEO Kelly Georgevich to drive the company's next phase of growth, focusing on regulatory and market tailwinds alongside new AI initiatives. The appointment comes as AudioEye continues to scale, building on 41 consecutive quarters of sequential revenue growth and $41.2 million in Annual Recurring Revenue.