AIM-listed digital marketing company Eagle Eye (EYE) has signed a three-year contract with a large regional US supermarket chain for its AI personalised solutions.
The deal comprises a six-month fixed-fee ‘proof of concept’, which assuming it meets its targets will be rolled out across the wider customer base.
The firm says the contract would make a ‘material contribution’ to its annual recurring revenue from the first half of FY2027.
| Share price: 304.5p (+4.6%) | P/E: n/a |
| Market Cap: £91m | Yield: n/a |
Eagle Eye hasn’t mentioned the customer by name, but it shouldn’t take the market long to work it out.
Encouragingly, this is the loss-making firm’s second win in the US food retail space in as many months, so with the shares down 39% year-to-date we could see some bargain-hunting.
Read the press release here: https://eagleeye.com/investors
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