Technology

AudioEye Reports Record Second Quarter 2026 Results

Published

3 months ago

August 13, 2026

Forty-Second Consecutive Period of Record Revenue

TUCSON, Ariz., Aug. 13, 2026 /PRNewswire/ — AudioEye, Inc. (Nasdaq: AEYE) (“AudioEye” or the “Company”), an industry-leading digital accessibility company, reported financial results for the second quarter ended June 30, 2026.

“This was an outstanding quarter with our forty-second quarter of sequential revenue growth and low double-digit year-over-year ARR growth. Adjusted EBITDA and free cash flow have reached a pivotal point, and GAAP net loss improved sequentially from the first quarter. We are raising our full year adjusted EBITDA guidance and expect to achieve over $15 million of annualized run rate adjusted EBITDA by the end of the year, with meaningful free cash flow generation in the second half of 2026. As our free cash flow continues to scale, we are evaluating options to deploy excess cash, including potential share buybacks and dividends,” said Kelly Georgevich, Chief Executive Officer of AudioEye.

Second Quarter 2026 Financial Results

Annual Recurring Revenue (“ARR”) as of June 30, 2026, increased sequentially to $42.3M from $41.2M as of March 31, 2026, and increased 11% compared to June 30, 2025.Total revenue increased 9% to a record $10.7M from $9.9M in the same prior year period.Gross profit increased to $8.4M (79% of total revenue) from $7.6M (77% of total revenue) in the same prior year period. The increase in gross profit was driven by continued revenue growth.Adjusted gross margin, which is defined as gross margin adjusted for non-cash items such as stock-based compensation and depreciation and amortization expenses in cost of revenue, was 84% in the second quarter of 2026 compared to 83% in the same prior year period.Operating expenses were $9.0M, an increase of 23% from the comparable prior year period. The increase was primarily due to the prior year quarter including a one-time gain on revaluation of contingent consideration of $1.4M, which did not recur in the current quarter, as well as increased general and administrative expenses in the current quarter, primarily driven by higher litigation expenses.Net loss was $0.9M, or $(0.07) per share, compared to a net loss of $0.0M, or $(0.00) per share, in the same prior year period. The prior year comparable period included a $1.4M one-time gain on revaluation of contingent consideration. Removing this impact, net loss improved due primarily to higher gross profit.Adjusted EBITDA in Q2 2026 was a record $3.0M, and adjusted EPS was $0.23 per share, compared to adjusted EBITDA of $1.9M and adjusted EPS of $0.15 per share in the same prior year period. For Q2 2026, the adjusted EBITDA and adjusted EPS results reflect adjustments primarily for stock-based compensation expense, litigation expense, depreciation and amortization, severance expense, and interest expense.At June 30, 2026, the Company had $8.7M in cash and cash equivalents, an increase of $0.1M from March 31, 2026.

Other Updates

AudioEye released the 2026 Digital Accessibility Index on June 25, 2026, scanning over 165,000 pages across 6,100 domains in the U.S. and Europe. The findings revealed a consistent gap between where accessibility programs focus and where risk is the highest, as AI search increasingly routes users past the homepage to less compliant interior pages. The scans also revealed that European sites averaged 25% more accessibility issues per page than U.S. sites.AudioEye appointed Matthew Domeyer as Chief Financial Officer, effective in July 2026. Matt brings finance leadership experience from Flexsteel Industries and PricewaterhouseCoopers, and succeeds Kelly Georgevich, who transitioned from CFO to CEO in May 2026.As of June 30, 2026, AudioEye had approximately 129,000 customers, an increase of 9,000 year-over-year from June 30, 2025, driven by increases in the Partner and Marketplace channel.

Financial Outlook
AudioEye expects revenue of between $10.85M and $11.05M for the third quarter of 2026 and between $43.5M and $44.0M for the full year 2026. The Company expects adjusted EBITDA of between $3.4M and $3.6M for the third quarter of 2026 and at least $12.7M of adjusted EBITDA, or 40% year-over-year growth, for the full year 2026. The Company expects adjusted EPS of between $0.26 and $0.28 per share for the third quarter of 2026 and at least $0.98 per share for the full year 2026.

Conference Call Information
AudioEye management will hold a conference call today, August 13, 2026, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss these results, followed by a question-and-answer period.

Date: Thursday, August 13, 2026
Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)
U.S. dial-in number: 877-407-8289
International number: 201-689-8341
Webcast: Q226 Webcast Link

Please call the conference telephone number 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

The conference call will also be webcast live and available for replay via the investor relations section of the Company’s website. The audio recording will remain available via the investor relations section of the Company’s website for 90 days.

A telephonic replay of the conference call will also be available after 7:30 p.m. Eastern Time on the same day through August 27, 2026 via the following numbers:

Toll-free replay number: 877-660-6853
International replay number: 201-612-7415
Replay passcode: 13761919

Due to rounding, numbers presented throughout this document may not add precisely to the totals provided and percentages may not precisely reflect the absolute figures.

About AudioEye
AudioEye exists to ensure the digital future we build is accessible. The gold standard for digital accessibility, AudioEye’s comprehensive solution combines industry-leading AI automation technology with expert fixes informed by the disability community. This powerful combination delivers industry-leading protection, ensuring businesses of all sizes – including over 129,000 customers such as Samsung, Lands’ End, and Samsonite – meet and exceed compliance standards. With 25 US patents, AudioEye’s solution includes 24/7 accessibility monitoring, automated WCAG issue testing and fixes, expert testing, developer tools, and legal protection, empowering organizations to confidently create accessible digital experiences for all.

Forward-Looking Statements
All statements in this press release about AudioEye’s expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance are not historical facts and are “forward-looking statements” as that term is defined under the federal securities laws. Forward-looking statements are often, but not always, made through the use of words or phrases such as “believe”, “anticipate”, “should”, “confident”, “intend”, “plan”, “will”, “expects”, “estimates”, “projects”, “positioned”, “strategy”, “outlook” and similar words. You should read the statements that contain these types of words carefully. Such forward-looking statements contained herein include, but are not limited to, statements regarding future cash flows of the Company, anticipated contributions from new sales channels, long-term growth prospects, opportunities in the digital accessibility industry, our revenue, adjusted EBITDA, adjusted EPS and ARR guidance, and our expectation of investments in marketing and sales. These statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what is expressed or implied in such forward-looking statements, including the variability of AudioEye’s revenue and financial performance; sales channels and offerings; product development and technological changes; the acceptance of AudioEye’s products in the marketplace; the effectiveness of our integration efforts; competition; inherent uncertainties and costs associated with litigation; and general economic conditions. These and other risks are described more fully in AudioEye’s filings with the Securities and Exchange Commission. There may be events in the future that AudioEye is not able to predict accurately or over which AudioEye has no control. Forward-looking statements reflect management’s view as of the date of this press release, and AudioEye urges you not to place undue reliance on these forward-looking statements. AudioEye does not undertake any obligation to update such forward-looking statements to reflect events or uncertainties after the date hereof.

About Key Operating Metrics
We consider annual recurring revenue (“ARR”) as a key operating metric and a key indicator of our overall business. We also use ARR as one of the primary methods for planning and forecasting overall expectations and for evaluating, on at least a quarterly and annual basis, actual results against such expectations.

We manage customers through two primary channels, Enterprise and Partner and Marketplace. Enterprise channel consists of our larger customers and organizations, including those with non-platform custom websites, who generally engage directly with AudioEye sales personnel for custom pricing and solutions. This channel also includes federal, state and local government agencies. The Partner and Marketplace channel consists of our CMS partners, platform & agency partners, authorized resellers and our marketplace. This channel serves small and medium sized businesses who are on a partner or reseller’s web-hosting platform or who purchase an AudioEye solution from our marketplace.

We define ARR as the sum of (i) for our Enterprise channel, the total of the annualized recurring fee at the date of determination under each active contract, plus (ii) for our Partner and Marketplace channel, the annual or monthly recurring fee for all active customers at the date of determination, in each case, assuming no changes to the subscription, multiplied by 12 if applicable. Recurring fees are defined as revenues expected to be generated from services typically offered as a subscription service or annual service offering such as our automation and platform, periodic auditing, human-assisted technological fixes, legal support and professional service offerings and other services that reoccur on a multi-year contract. This determination includes both annual and monthly contracts for recurring products. Some of our contracts are terminable prior to the expected term, which may impact future ARR. ARR excludes non-recurring fees, which are defined as revenue expected to be generated from services typically not offered as a subscription service or annual service offering such as our PDF remediation services business, one-time mobile application reports, and other miscellaneous services that are offered as non-subscription services or are expected to be one-time in nature.

Use of Non-GAAP Financial Measures
From time to time, we review adjusted financial measures that assist us in comparing our operating performance consistently over time, as such measures remove the impact of certain items, as applicable, such as our capital structure (primarily interest charges), certain non-cash items, including stock compensation and depreciation and amortization expense, and other expenses that do not relate to our core operations, including significant transaction and litigation-related expenses and other costs that are expected to be non-recurring. In order to provide investors with greater insight and allow for a more comprehensive understanding of the information used in our financial and operational decision-making, the Company has supplemented the consolidated financial statements presented on a GAAP basis in this press release with the following non-GAAP financial measures: Adjusted EBITDA, Adjusted EBITDA margin, Adjusted earnings (loss) per diluted share (adjusted EPS) and Adjusted gross margin.

These non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of Company results as reported under GAAP. The Company compensates for such limitations by relying primarily on our GAAP results and using non-GAAP financial measures only as supplemental data. We also provide a reconciliation of non-GAAP to GAAP measures used. Investors are encouraged to carefully review this reconciliation. In addition, because these non-GAAP measures are not measures of financial performance under GAAP and are susceptible to varying calculations, these measures, as defined by us, may differ from and may not be comparable to similarly titled measures used by other companies.

Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Earnings (Loss) per Diluted Share
We define: (i) Adjusted EBITDA as net income (loss), plus interest expense, plus depreciation and amortization expense, plus stock-based compensation expense, less change in fair value of contingent consideration, plus certain litigation expense, plus certain acquisition expense, plus certain severance expense, plus loss on disposal or impairment of long-lived assets, plus loss on extinguishment of debt, and plus lost deposit on alternative financing; (ii) Adjusted EBITDA margin as Adjusted EBITDA as a percentage of GAAP revenue; and (iii) Adjusted earnings (loss) per diluted share (EPS) as net income (loss) per diluted common share, plus interest expense, plus depreciation and amortization expense, plus stock-based compensation expense, less change in fair value of contingent consideration, plus certain litigation expense, plus certain acquisition expense, plus certain severance expense, plus loss on disposal or impairment of long-lived assets, plus loss on extinguishment of debt, and plus lost deposit on alternative financing, each on a per share basis. Adjusted earnings per diluted share includes incremental shares in the share count that are considered anti-dilutive in a GAAP net loss position.

Adjusted Gross Margin
We define Adjusted gross margin as gross profit, plus stock-based compensation expense and depreciation and amortization expense allocated to cost of revenue, expressed as a percentage of total revenue.

Adjusted EBITDA, Adjusted EBITDA margin, Adjusted earnings (loss) per diluted share, and Adjusted gross margin are used to facilitate a comparison of our operating performance on a consistent basis from period to period and provide for a more complete understanding of factors and trends affecting our business than GAAP measures alone. All of the items adjusted in these calculations are either recurring non-cash items or items that management does not consider in assessing our ongoing operating performance. In the case of the non-cash items, such as stock-based compensation expense and valuation adjustments to assets and liabilities, management believes that investors may find it useful to assess our comparative operating performance because the measures without such items are expected to be less susceptible to variances in actual performance resulting from expenses that do not relate to our core operations and are more reflective of other factors that affect operating performance. In the case of items that do not relate to our core operations, management believes that investors may find it useful to assess our operating performance if the measures are presented without these items because their financial impact does not reflect ongoing operating performance.

Adjusted EBITDA is not a measure of liquidity under GAAP, or otherwise, and is not an alternative to cash flow from continuing operating activities, despite the advantages regarding the use and analysis of these measures as mentioned above. Adjusted EBITDA, Adjusted EBITDA margin, Adjusted earnings (loss) per diluted share, and Adjusted gross margin, as disclosed in this press release, have limitations as analytical tools, and you should not consider these measures in isolation or as a substitute for analysis of our results as reported under GAAP; nor are these measures intended to be measures of liquidity or free cash flow.

To properly and prudently evaluate our business, we encourage readers to review the consolidated GAAP financial statements included in this press release and not rely on any single financial measure to evaluate our business. Reconciliations of Adjusted EBITDA to net loss, the most directly comparable GAAP-based measure, Adjusted earnings (loss) per diluted share to net loss per diluted share, the most directly comparable GAAP-based measure, and Adjusted gross margin to gross margin, the most directly comparable GAAP-based measure are provided in tables later in this press release. We strongly urge readers to review these reconciliations, along with the financial statements included in this press release.

Forward-Looking Non-GAAP Financial Measures
This press release and statements made in our conference call today also include the forward-looking non-GAAP financial measures of adjusted EBITDA, adjusted EBITDA margin, adjusted EPS and free cash flow guidance for the third quarter and full year 2026 as well as adjusted EBITDA run-rate expectations. We calculate forward-looking non-GAAP financial measures based on internal forecasts that omit certain amounts that would be included in GAAP financial measures. We have not provided quantitative reconciliations of these forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures because the excluded items are not available on a prospective basis without unreasonable efforts. In addition, the Company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. It is probable that these forward-looking non-GAAP financial measures may be materially different from the corresponding GAAP financial measures.

Investor Contact:
Tom Colton
Gateway Group, Inc.
AEYE@gateway-grp.com
949-574-3860

AUDIOEYE, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

Three months ended June 30,

Six months ended June 30,

(in thousands, except per share data)

2026

2025

2026

2025

Revenue

10,716

9,857

21,269

19,590

Cost of revenue

2,267

2,238

4,568

4,233

Gross profit

8,449

7,619

16,701

15,357

Operating expenses:

Selling and marketing

3,650

3,806

7,502

7,520

Research and development

849

1,200

1,959

2,353

General and administrative

4,548

3,731

9,721

7,492

Change in fair value of contingent consideration

—

(1,360)

—

(1,310)

Total operating expenses

9,047

7,377

19,182

16,055

Operating (loss) income

(598)

242

(2,481)

(698)

Other expense:

Interest expense, net

(267)

(244)

(498)

(473)

Loss on extinguishment of debt

—

(300)

Total other expense

(267)

(244)

(498)

(773)

Net loss

(865)

(2)

(2,979)

(1,471)

Net loss per common share-basic and diluted

(0.07)

(0.00)

(0.24)

(0.12)

Weighted average common shares outstanding-basic and diluted

12,489

12,446

12,475

12,418

AUDIOEYE, INC.

CONSOLIDATED BALANCE SHEETS

(unaudited)

June 30,

December 31,

(in thousands, except per share data)

2026

2025

ASSETS

Current assets:

Cash and cash equivalents

8,717

5,288

Accounts receivable, net

6,718

6,557

Prepaid expenses and other current assets

870

777

Total current assets

16,305

12,622

Property and equipment, net

110

146

Right of use assets

310

168

Intangible assets, net

11,437

12,515

Goodwill

6,682

Other

Total assets

34,881

32,230

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable and accrued expenses

4,972

4,851

Operating lease liabilities

218

Deferred revenue

9,337

8,619

Contingent consideration

116

225

Term loan, current

850

503

Total current liabilities

15,331

14,416

Long term liabilities:

Term loan, net

15,568

12,479

Operating lease liabilities

264

—

Deferred revenue

Contingent consideration, long term

300

Other

138

226

Total liabilities

31,658

27,426

Stockholders’ equity:

Preferred stock, $0.00001 par value, 10,000 shares authorized

Common stock, $0.00001 par value, 50,000 shares authorized, 12,561 and 12,383 shares
issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

Additional paid-in capital

110,074

108,201

Accumulated deficit

(106,852)

(103,398)

Total stockholders’ equity

3,223

4,804

Total liabilities and stockholders’ equity

34,881

32,230

AUDIOEYE, INC.

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES

(unaudited)

Three months ended June 30,

Six months ended June 30,

(in thousands, except per share data)

2026

2025

2026

2025

Adjusted EBITDA Reconciliation

Net loss (GAAP)

(865)

(2)

(2,979)

(1,471)

Change in fair value of contingent consideration

—

(1,360)

—

(1,310)

Interest expense, net

267

244

498

473

Stock-based compensation expense

1,141

1,505

2,487

2,412

Acquisition expense (1)

102

Litigation expense (2)

1,074

607

2,906

1,329

Severance expense (3)

344

—

344

304

Lost deposit on alternative financing

—

Depreciation and amortization

963

888

1,974

1,663

Loss on disposal or impairment of long-lived assets

Loss on extinguishment of debt

—

300

Adjusted EBITDA

2,979

1,931

5,337

3,839

GAAP Net loss as a percent of revenue

(8)

(0)

(14)

(8)

Adjusted EBITDA margin (4)

Adjusted Earnings per Diluted Share Reconciliation

Net loss per common share (GAAP) — diluted

(0.07)

(0.00)

(0.24)

(0.12)

Change in fair value of contingent consideration

—

(0.11)

—

(0.10)

Interest expense, net

0.02

0.04

Stock-based compensation expense

0.09

0.12

0.19

Acquisition expense (1)

—

0.01

—

Litigation expense (2)

0.08

0.05

0.23

0.11

Severance expense (3)

0.03

—

0.03

0.02

Lost deposit on alternative financing

—

Depreciation and amortization

0.08

0.07

0.15

0.13

Loss on disposal or impairment of long-lived assets

—

Loss on extinguishment of debt

—

0.02

Adjusted earnings per diluted share (5)

0.23

0.15

0.42

0.30

Diluted weighted average shares (GAAP)

12,489

12,446

12,475

12,418

Includable incremental shares (Non-GAAP) (5)

337

214

329

202

Adjusted diluted shares (Non-GAAP)

12,826

12,660

12,804

12,620

(1)

Represents professional fees incurred in connection with acquisitions and dissolutions.

(2)

Represents legal expenses related primarily to non-recurring litigation.

(3)

Represents severance expense for an employee from a previously acquired business and for employees impacted by a reduction in force in 2026.

(4)

Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of GAAP revenue.

(5)

Adjusted earnings per adjusted diluted share for our common stock is computed using the treasury stock method.

AUDIOEYE, INC.

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES

(unaudited)

Three months ended June 30,

Six months ended June 30,

(in thousands)

2026

2025

2026

2025

Adjusted Gross Margin Reconciliation

Revenue

10,716

9,857

21,269

19,590

Less: Cost of revenue

2,267

2,238

4,568

4,233

Gross profit (GAAP)

8,449

7,619

16,701

15,357

Gross margin (GAAP)

Add expenses included in cost of revenue:

Depreciation and amortization

484

479

992

939

Stock-based compensation

146

136

Adjusted gross profit (non-GAAP)

8,989

8,156

17,839

16,432

Adjusted gross margin (non-GAAP)

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SOURCE AudioEye, Inc.

Technology

Beyond Seoul: Wego and Korea Tourism Organization Bring More of Korea Within Reach of MENA Travellers

Published

34 minutes ago

November 10, 2026

DUBAI, UAE, Nov. 10, 2026 /PRNewswire/ — Wego, the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), is joining forces with the Korea Tourism Organization (KTO) on a new phase of their collaboration, inviting travellers across the region to look beyond Korea’s best-known attractions and discover the different experiences that make the country worth exploring.

From the neighbourhoods that have become familiar through Korean dramas to the food markets, coastal cities and historic towns that offer a different perspective on the country, Korea has many sides to discover. The campaign will connect these interests with practical travel inspiration, helping MENA travellers explore destinations and experiences that suit their preferences.

At the heart of the collaboration is a simple idea: a trip to Korea does not have to follow a single itinerary. Visitors drawn by Korean entertainment and contemporary culture can explore Seoul’s creative districts, cafés and shopping streets, while those interested in history can discover the palaces of the capital or travel to Gyeongju, known for its remarkable Silla-era heritage. Busan offers a different pace through its coastal neighbourhoods, beaches and seafood markets, while Jeju Island provides opportunities to explore volcanic landscapes and scenic walking trails.

Mamoun Hmidan, Chief Business Officer at Wego, said: “Korea has become an increasingly appealing destination for travellers, thanks to its diverse tourism experiences and the global popularity of its culture. Through our partnership with the Korea Tourism Organization, we aim to introduce travellers across the Middle East and North Africa to new sides of the country, encouraging them to explore destinations and experiences beyond the traditional tourist attractions. Working with KTO allows us to combine destination knowledge with the travel choices available on Wego and make more of Korea visible to travellers across MENA.”

Rather than focusing on individual attractions alone, Wego and KTO will bring these experiences together through destination-focused digital campaigns, editorial storytelling and travel planning content tailored to audiences across MENA. Wego will also help travellers explore flight and accommodation options, making it easier to compare possibilities as they plan their journeys.

Sae-hyeong Son, Regional Director, Korea Tourism Organization Dubai Office, commented: “For many travellers, their first connection with Korea comes through its food, music, television or beauty culture. We want to build on that familiarity by introducing the places, traditions and everyday experiences that give Korea its character. Through our continued collaboration with Wego, we can present a wider picture of the country to audiences across the Middle East and North Africa, encouraging them to explore different regions and discover experiences that feel personal to them.”

Korea’s changing seasons offer further opportunities to experience the country in different ways. Autumn brings colourful landscapes and opportunities for outdoor exploration, while winter introduces mountain retreats, snow activities and seasonal city experiences. The Korea Grand Sale, scheduled from 23 December 2026 to 13 February 2027, will also offer international visitors shopping, cultural and travel-related benefits across participating businesses.

Spring brings another side of Korea, with cherry blossoms transforming parks and historic settings, while warmer months offer opportunities to explore coastal destinations and the country’s islands. This seasonal variety gives travellers flexibility to plan around the experiences they value most.

The campaign will bring together KTO’s destination expertise and Wego’s regional reach, creating more opportunities for travellers to discover Korea’s diversity and plan journeys that extend beyond its most familiar landmarks.

About Wego

Wego is the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA). Combining a dynamic travel marketplace with on-platform bookings, Wego enables travelers to easily search, compare, and book flights and hotels across hundreds of airlines, hotels, and online travel agencies. Beyond its B2C marketplace, Wego also operates WegoPro, a next-generation business travel platform, and WegoBeds, a MENA-focused bedbank. The company is dual headquartered in Singapore and Dubai with offices in Bangalore and Mumbai.

For more information, visit www.wego.com.

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Technology

Futu Celebrates Its 14th Anniversary with “FUTU NEXT” Initiative Launch

Published

34 minutes ago

November 10, 2026

Commits HK$300 Million to Support Hong Kong’s Youth and Initiates the “FUTU NEXT” Foundation

HONG KONG, Nov. 10, 2026 /PRNewswire/ — Futu Holdings Limited (Nasdaq: FUTU) (“Futu” or the “Company”), a leading tech-driven digital broker and wealth management platform, today announced the official launch of “FUTU NEXT” Initiative, a comprehensive, future-oriented social impact strategy, on the occasion of the Company’s 14th anniversary. Over the next five years, Futu will commit HK$300 million in cash, alongside dedicated training and employment resources, to support scientific research innovation and talent development across Hong Kong universities, creating expanded internship and career opportunities for young people.

The name “FUTU NEXT” encapsulates the Company’s strategic roadmap for the future and its long-term commitment to Hong Kong’s next generation: Nurture talent; Empower growth with resources and opportunities; eXplore new frontiers; and Transform innovative concepts into tangible societal value. The Chinese name Kai Yuen（”啟源”）, reflects a simple wish: to inspire young minds and bring talented people together. It marks the opening of an exciting new chapter for Futu while reinforcing the belief that talent is the driving force behind continuous innovation in the fintech industry.

Aligning with HKSAR’s Core Focus on Youth Development, Phase One of “FUTU NEXT” Reaches Collaboration Intent with HKU

The “FUTU NEXT” initiative actively aligns with the HKSAR Government’s First Five-Year Plan and the strategic priorities set forth in the latest Policy Address, which place youth development at the core of Hong Kong’s ambition to reinforce its status as an international financial and innovation and technology hub. Deeply rooted in Hong Kong, Futu recognizes that our future is closely intertwined with the city’s prosperity. By adopting a youth-centric approach, Futu aims to empower academic research, support student aspirations, and contribute corporate strength to building Hong Kong into a global magnet for top-tier talent.

As the first milestone under “FUTU NEXT”, Futu has signed a Memorandum of Understanding (MoU) on Intended Collaboration with The University of Hong Kong (HKU) to establish a strategic partnership spanning three key pillars: Industry-University-Research integration, education and talent development, and employment support. Under the partnership, Futu and HKU will advance research in cutting-edge, interdisciplinary fields, including quantum computing, AI and trusted AI agents, and FinTech, while donating to establish scholarships to recognize outstanding students. Furthermore, Futu will foster student innovation and entrepreneurship by providing expanded internship and career opportunities, empowering young talent to validate their ideas and gain hands-on experience in real-world business scenarios.

Futu plans to expand this collaborative framework to more top-tier universities and leading institutions in Hong Kong over the next five years.

Establishing the “FUTU NEXT Foundation”, Extending its Giving from Campus to Community

To extend its impact into the broader community, Futu has marked its 14th anniversary by making a long-term civic commitment: the Company has officially initiated preparations to establish an independent FUTU NEXT Foundation. Looking beyond university campuses, the Foundation will serve as an independent, professional platform dedicated to the wider social ecosystem. Its mandate will encompass supporting youth innovation, cross-disciplinary tech R&D, aiding underprivileged groups, and advancing sustainable, inclusive social development—representing Futu’s enduring blueprint for giving back to Hong Kong.

Mr. Leaf Hua Li, Futu’s Founder, Chairman, CEO & Chairman of the Technology Committee, said: “Futu has been fortunate to be part of Hong Kong’s fintech development. We started in Hong Kong 14 years ago with a small team, a modest office and lines of code. Today, we serve tens of millions of users around the world. This city gave us room to grow and opened up opportunities for us. The HKSAR Government published Hong Kong’s First Five-Year Plan. The 2026 Policy Address also set out an integrated approach to education, science and technology, and talent development, alongside support for young people’s growth and employment. This long-term vision strengthens my belief that Hong Kong’s future depends on the creativity of each new generation.”

He added: “Attracting talented people matters. Helping them develop matters just as much. Starting with our university campuses, we want to turn our confidence in Hong Kong’s future into practical support for research, talent development and opportunities to learn through experience. Meanwhile, a Company’s growth depends on the society around it. As we continue to improve our technology and products, we also want to put the resources and capabilities we have built to broader use for the benefit of society. This is a commitment we intend to honour over the long term.”

About Futu Holdings Limited

Futu Holdings Limited (“Futu”) (Nasdaq: FUTU) is an advanced fintech company transforming the investing experience by offering fully digital financial services in multiple markets. Futu was listed on Nasdaq on March 8, 2019. Futu offers market data, financial news, interactive social features, and investor education on its proprietary one-stop digital platforms Futubull and Moomoo. Its subsidiaries provide clients with investing services including trading and clearing services for United States, Hong Kong SAR, China Connect, Singaporean, Australian, Japanese, Canadian, Malaysian and Korean stocks, margin financing and securities lending, crypto trading, and wealth management.

By creating an ecosystem centered around its users, Futu provides connectivity to users, investors, analysts, media, companies, and institutions. Futu also provides Employee Stock Ownership Plan (ESOP) solutions, initial public offering (IPO) distribution, and investor relations (IR) and public relations (PR) services through its institutional and corporate services brand, becoming the go-to partner of many well-known companies. Since its launch in 2019, Futu Money Plus has been working to build an all-in-one global asset allocation platform. Through cooperation with top fund houses worldwide, it provides clients with a wide range of best-performing funds to enable global asset allocations. Futu Trustee provides one-stop wealth management solutions for corporate clients and high-net-worth individuals and families, and revolutionizes service delivery for ESOP Trust Administration, Family Trust, and Family Office through technology. For more information about Futu, please visit its official website www.futuholdings.com.

For media enquiries, please contact
media@futuhk.com

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Technology

TuyaOpen Adds Support for Silicon Labs SiWx917 Low-Power Wi-Fi SoC

Published

34 minutes ago

November 10, 2026

SDK integration and AI-assisted development tools provide a starting point for connected product innovation

AUSTIN, Texas, Nov. 10, 2026 /PRNewswire/ — Silicon Labs (NASDAQ: SLAB) and Tuya Smart (NYSE: TUYA, HKSE: 2391) today announced support for Silicon Labs’ SiWx917 wireless system-on-chip (SoC) in TuyaOpen, Tuya’s open-source development framework. The integration gives developers using TuyaOpen a low-power Wi-Fi 6 and Bluetooth LE hardware option for connected devices.

The SiWx917 platform integration is available through Tuya’s open-source repositories. Alongside the TuyaOpen IDE, it provides developers with a path to evaluate connected product concepts, including connected toys and devices that use cloud-based AI services. The IDE offers AI-assisted coding capabilities that can help developers create and refine application code within the TuyaOpen framework.

“SiWx917 combines low-power multi-protocol wireless connectivity, application processing and hardware-based security in a single chip,” said Irvind Ghai, Vice President of Wi-Fi at Silicon Labs. “Support in TuyaOpen makes those capabilities available to developers building products for the Tuya ecosystem.”

News at a Glance

The TuyaOpen SDK support for Silicon Labs’ SiWx917 low-power Wi-Fi 6 and Bluetooth LE SoC.Developers gain another low-power hardware option and access to TuyaOpen’s cross-platform framework and AI-assisted development workflow.Platform code and support for the Silicon Labs BRD2605A and Sekorm SiWx917 AI development kits provide a starting point for evaluation.

Hardware and Development Support
SiWx917 combines Wi-Fi 6 and Bluetooth LE connectivity with an Arm Cortex-M4 application processor, hardware-based security and power management. Its integrated architecture can help developers reduce the number of components needed for wireless connectivity and application processing.

The TuyaOpen integration includes support for the Silicon Labs BRD2605A SiWx917 Development Kit and the Sekorm SiWx917 AI Development Kit. These boards provide hardware for prototyping and evaluating applications using the SDK.

AI-Assisted Development in the TuyaOpen Ecosystem
TuyaOpen provides a C/C++ software framework and a hardware abstraction layer designed to separate application code from chip-specific functions. Its associated TuyaOpen IDE brings project setup, compilation, device programming and serial log debugging into one development environment.

The TuyaOpen IDE also offers AI-assisted development capabilities, including natural-language assistance for generating and adapting application code. TuyaOpen’s broader ecosystem connects device development with cloud-based services and multimodal AI offerings. These ecosystem capabilities can help developers explore AI-enabled connected products while using SiWx917 as a supported hardware target. Availability of individual IDE and AI functions may depend on the selected workflow and platform configuration.

“Adding SiWx917 support gives TuyaOpen developers another hardware option for connected product development,” said Hsuan Han Lai, Head of TuyaOpen at Tuya Smart. “The SDK integration and supported development boards provide a starting point for evaluating designs that use low-power Wi-Fi connectivity and AI-assisted development tools.”

Availability
The TuyaOpen SDK and SiWx917 platform integration are available through the following open-source repositories. Documentation and development resources are available at the links below.

TuyaOpen SDK: https://github.com/tuya/TuyaOpen SiWx917 platform integration: https://github.com/tuya/TuyaOpen-SiliconLabs TuyaOpen IDE: https://tuyaopen.ai/tuyaopen-ide Silicon Labs BRD2605A Development Kit: https://www.silabs.com/development-tools/wireless/wi-fi/siwx917-dk2605a-wifi-6-bluetooth-le-soc-dev-kit

Availability and ordering information for the Sekorm SiWx917 AI Development Kit will be provided by Sekorm.

About Tuya Smart
Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a leading global AI cloud platform service provider dedicated to bringing AI into everyday life. Through its TuyaOpen open-source development framework and universal AI Agent engines, including the AI Agent development platform, Tuya integrates multimodal AI capabilities to lower barriers for AI development, efficiently advancing the realization of AI-driven lifestyles and accelerating AI integration with the physical world. Tuya offers innovative physical AI solutions for smart devices, commercial applications, and industry developers through its cloud computing and spatial intelligence capabilities. It also provides a complete, open, and neutral global AIoT ecosystem.

As of June 30, 2026, the Tuya AI Developer Platform had over 2,092,000 registered AI developers from more than 200 countries and regions.

About Silicon Labs
Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world’s most highly integrated SoCs, Silicon Labs provides device makers with the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over sixteen countries and is the trusted partner for innovative solutions in smart home, industrial IoT, and smart cities markets. Learn more at https://www.silabs.com.

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SOURCE Silicon Labs