TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — AudioEye, Inc. (AEYE) on Wednesday reported a loss of $533,000 in its fourth quarter.

On a per-share basis, the Tucson, Arizona-based company said it had a loss of 4 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 11 cents per share.

The company posted revenue of $7.9 million in the period.

For the year, the company reported that its loss narrowed to $5.9 million, or 50 cents per share. Revenue was reported as $31.3 million.

For the current quarter ending in March, AudioEye expects its per-share earnings to range from 6 cents to 8 cents.

The company expects full-year earnings in the range of 29 cents to 38 cents per share, with revenue ranging from $8 million to $8.1 million.

AudioEye shares have risen 28% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.93, a rise of almost 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEYE at https://www.zacks.com/ap/AEYE