TUCSON, Ariz., Nov. 15, 2016 /PRNewswire/ -- AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company") will hold a conference call at 10:00amEST Wednesday, November 16 to discuss financial results from Q3 of 2016. Details for the call are as follows: Wednesday November 16, 201610:00amEST, 7:00amPSTParticipant Dial In (Toll Free) 1-877-317-6789Participant Dial In (International) 1-412-317-6789 Conference Replay available 1 hour after the end of the conferenceConference Replay ends November 23, 2016 1-877-344-7529Replay Access Code: 100966941-412-317-0088 (International)Replay Access Code: 10096694
AudioEye key business results include unaudited cash contract sales bookings for the months of December 2015 through September of 2016 to be $1,365,644 including several household brands across a variety of industries. The pipeline of companies with proposals has continued to expand and is currently approximately $4,264,200. A similar pipeline report was approximately $3,196,700 at the end of June, 2016. This pipeline should be viewed in the context of our limited operating history which does not yet provide us enough information or evidence to reliably estimate conversion rates from a prospect customer to a customer signed contract. Non-GAAP Financial Measures AudioEye has provided in this release information related to bookings that has not been prepared in accordance with GAAP. AudioEye uses this non-GAAP financial measure internally in analyzing its financial results and believes it is useful to investors, as a supplement to GAAP measures, in evaluating our ongoing operational performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Our use of non-GAAP financial measures may not be consistent with the presentations by similar companies in our industry.