AudioCodes Ltd., together with its subsidiaries, provides advanced communications software, products, and productivity solutions for the digital workplace. It offers solutions, products, and applications for enterprise unified communications environments, work-from-home agents and contact centers, voice and telephony AI-based applications, and service provider business services. The company's products include IP phones and meeting room solutions, session border controllers (SBC), media gateways, multi-service business routers and universal customer premises equipment, VoIP network routing solutions, media servers, value added applications, life cycle management solutions, and professional services, as well as survivable branch appliances and CCE; device manager; CloudBond 365, an adaptable solution; and User Management Pack 365, a user lifecycle and identity management application. It also provides management solutions, such as voice network management solution, the One Voice Operations Center, call routing and policy management tool, and AudioCodes Routing Manager. In addition, the company offers AudioCodes Live for Microsoft Teams, a portfolio of managed services that removes complexity from the integration of Teams collaboration, unified communications, and enterprise telephony; and VoiceAI Connect Cloud Edition, a cloud-based service enabling the bot development ecosystem to develop an array of voice-bot use cases via trials and proof of concept projects, as well as provides a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, Meeting Insights, and management application services. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, system integrators and distributors, and network equipment providers in the telecommunication and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.
IPO Year: 1999
Exchange: NASDAQ
Website: audiocodes.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/12/2023 | $22.00 → $9.50 | Neutral → Underperform | BofA Securities |
5/2/2022 | $38.00 → $25.00 | Buy → Neutral | BofA Securities |
2/2/2022 | $40.00 → $37.00 | Buy | Needham |
1/31/2022 | $37.00 | Neutral → Buy | Sidoti |
1/24/2022 | $32.00 → $28.00 | Underweight | Barclays |
10/22/2021 | $37.00 | Buy → Neutral | Sidoti |
10/21/2021 | $38.00 | Buy → Hold | Jefferies |
10/21/2021 | $32.00 | Underweight | Barclays |
6/30/2021 | $34.00 → $32.00 | Equal-Weight → Underweight | Barclays |
SC 13G - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G - AUDIOCODES LTD (0001086434) (Subject)
OR YEHUDA, Israel, July 30, 2024 /PRNewswire/ -- Second Quarter Highlights Quarterly revenues increased by 0.5% year-over-year to $60.3 million;Quarterly service revenues increased by 12.3% year-over-year to $32 million;GAAP results:- Quarterly GAAP gross margin was 65.5%;- Quarterly GAAP operating margin was 8.2%;- Quarterly GAAP EBITDA was $6.2 million;- Quarterly GAAP net income was $3.8 million, or $0.12 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.8%;- Quarterly Non-GAAP operating margin was 11.9%;- Quarterly Non-GAAP EBITDA was $8.3 million;- Quarterly Non-GAAP net income was $5.5 million, or $0.18 per diluted share.Net cash used by operating activities
OR YEHUDA, Israel, July 3, 2024 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Second quarter 2024 on Tuesday, July 30, 2024, before the market open on NASDAQ, reflecting the quarterly period ended June 30, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, July 30, 2024 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the Second quarter 2024 results, which will be webcasted simultaneously. The call will b
LOD, Israel, May 7, 2024 /PRNewswire/ -- First Quarter Highlights Quarterly revenues increased by 1.5% year-over-year to $60.1 million;Quarterly service revenues increased by 3.3% year-over-year to $31.5 million;GAAP results: - Quarterly GAAP gross margin was 64.4%;- Quarterly GAAP operating margin was 5.5%;- Quarterly GAAP net income was $2.1 million, or $0.07 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.2%;- Quarterly Non-GAAP operating margin was 10.5%;- Quarterly Non-GAAP net income was $5.2 million, or $0.17 per diluted share.Net cash provided by operating activities was $15.0 million for the quarter.AudioCodes declared a cash dividend of 18 c
LOD, Israel, April 3, 2024 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its First quarter 2024 on Tuesday, May 07, 2024, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, May 07, 2024 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the First quarter 2024 results, which will be webcasted simultaneously. The call will be hosted
LOD, Israel, Feb. 6, 2024 /PRNewswire/ -- Fourth Quarter and Full Year 2023 Highlights Quarterly revenues increased by 3.2% sequentially to $63.6 million;full year 2023 revenues decreased by 11.2% to $244.4 million.Quarterly Service revenues of $30.9 million accounted for 48.6% of revenues;full year 2023 service revenues increased by 8.7% to $120.4 million.GAAP results:- Quarterly GAAP gross margin was 66.7% compared to 66.5% in the prior quarter;- Quarterly GAAP operating margin was 11.4% compared to 9.4% in the prior quarter;- Quarterly GAAP net income was $3.7 million, or $0.12 per diluted share compared to $4.3 million, or $0.14 per diluted share, in the prior quarter;- Full 2023 year G
LOD, Israel , Jan. 3, 2024 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Fourth quarter and full year 2023 on Tuesday, February 06, 2024, before the market open on NASDAQ, reflecting the quarterly period ended December 31, 2023. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, February 06, 2024 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the Fourth quarter and full year 2023 results, which will be webcas
LOD, Israel, Oct. 4, 2023 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Third quarter 2023 on Thursday, November 02, 2023, before the market open on NASDAQ, reflecting the quarterly period ended September 30, 2023. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Thursday, November 02, 2023 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the Third quarter 2023 results, which will be webcasted simultaneously. The call
LOD, Israel, Aug. 1, 2023 /PRNewswire/ -- Second Quarter Highlights Quarterly revenues increased by 1.4% sequentially to $60.0 million.Quarterly Service revenues of $28.5 million accounted for 47.4% of revenues.GAAP results:- Quarterly GAAP gross margin was 64.1% compared to 61.7% in the prior quarter;- Quarterly GAAP operating margin was 3.8% compared to operating margin loss of 1.4% in the prior quarter; and- Quarterly GAAP net income was $1.1 million, or $0.03 per diluted share compared to net loss of $0.2 million, or $0.01 per diluted share in the prior quarter.Non-GAAP results:- Quarterly Non-GAAP gross margin was 64.5% compared to 62.1% in the prior quarter;- Quarterly Non-GAAP operati
LOD, Israel, July 5, 2023 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Second quarter 2023 on Tuesday, August 1, 2023, before the market open on NASDAQ, reflecting the quarterly period ended June 30, 2023. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, August 1, 2023 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the First quarter 2023 results, which will be webcasted simultaneously. The call will be host
LOD, Israel, May 9, 2023 /PRNewswire/ -- First Quarter Highlights Quarterly revenues decreased by 10.8% year-over-year to $59.2 million;Quarterly service revenues increased by 10.8% year-over-year to $30.5 million;GAAP results:- Quarterly GAAP gross margin was 61.7%;- Quarterly GAAP operating loss percentage was 1.4%;- Quarterly GAAP net loss was $0.2 million, or $0.01 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 62.1%;- Quarterly Non-GAAP operating margin was 4.9%;- Quarterly Non-GAAP net income was $2.7 million, or $0.08 per diluted share.Net cash provided by operating activities was $3.2 million for the quarter.AudioCodes declared a cash dividend of 18 cents pe
6-K - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
SD - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
20-F - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
Meeting Insights employs conversational AI to transform how organizations manage and leverage crucial information from Microsoft Teams meetings OR YEHUDA, Israel, July 31, 2024 /PRNewswire/ -- Highlights Meeting Insights is part of AudioCodes' growing offering of SaaS applications designed to meet evolving market demands for more flexible, scalable and integrated solutions for the modern workplace.The award's judges recognized Meeting Insights' ability to leverage conversational AI to enhance users' productivity and overall communications experience.Meeting Insights supports better decision-making through business-wide sharing of meeting intelligence, ensuring organizations operate more eff
OR YEHUDA, Israel, July 30, 2024 /PRNewswire/ -- Second Quarter Highlights Quarterly revenues increased by 0.5% year-over-year to $60.3 million;Quarterly service revenues increased by 12.3% year-over-year to $32 million;GAAP results:- Quarterly GAAP gross margin was 65.5%;- Quarterly GAAP operating margin was 8.2%;- Quarterly GAAP EBITDA was $6.2 million;- Quarterly GAAP net income was $3.8 million, or $0.12 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.8%;- Quarterly Non-GAAP operating margin was 11.9%;- Quarterly Non-GAAP EBITDA was $8.3 million;- Quarterly Non-GAAP net income was $5.5 million, or $0.18 per diluted share.Net cash used by operating activities
OR YEHUDA, Israel, July 3, 2024 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Second quarter 2024 on Tuesday, July 30, 2024, before the market open on NASDAQ, reflecting the quarterly period ended June 30, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, July 30, 2024 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the Second quarter 2024 results, which will be webcasted simultaneously. The call will b
AudioCodes leads the enterprise SBC market for the third year running with a 23.1% worldwide revenue share for 2023 LOD, Israel, May 15, 2024 /PRNewswire/ -- Highlights Research firm Omdia ranked AudioCodes as the market leader for 2023 with a worldwide revenue share of 23.1% in its Enterprise SBCs and VoIP Gateways Market Tracker – 4Q23 and CY23 Analysis and 2024–28 ForecastAudioCodes was also ranked by Omdia as the top vendor in the same category for 4Q23 with a 26.8% shareAudioCodes Mediant SBCs are certified for Microsoft Teams Direct Routing and Operator Connect, enabling high voice quality and secure voice connectivity for Teams customersThey also support WebRTC, Voice AI and Bring-Yo
LOD, Israel, May 7, 2024 /PRNewswire/ -- First Quarter Highlights Quarterly revenues increased by 1.5% year-over-year to $60.1 million;Quarterly service revenues increased by 3.3% year-over-year to $31.5 million;GAAP results: - Quarterly GAAP gross margin was 64.4%;- Quarterly GAAP operating margin was 5.5%;- Quarterly GAAP net income was $2.1 million, or $0.07 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.2%;- Quarterly Non-GAAP operating margin was 10.5%;- Quarterly Non-GAAP net income was $5.2 million, or $0.17 per diluted share.Net cash provided by operating activities was $15.0 million for the quarter.AudioCodes declared a cash dividend of 18 c
LOD, Israel, April 3, 2024 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its First quarter 2024 on Tuesday, May 07, 2024, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, May 07, 2024 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the First quarter 2024 results, which will be webcasted simultaneously. The call will be hosted
Tata Tele Business Services (TTBS) enterprise customers in India can now enjoy Microsoft Teams voice calling with AudioCodes' SaaS solutions for Microsoft Operator Connect and Direct Routing LOD, Israel, March 25, 2024 /PRNewswire/ -- Highlights TTBS and AudioCodes have collaborated to offer Smartflo UCaaS on Microsoft Teams for integrated voice calling via Microsoft Operator Connect and Direct Routing for Microsoft TeamsThe AudioCodes Live Platform for Microsoft Teams solution enables TTBS to streamline Microsoft Teams voice UCaaS delivery from a single platform integrated into their existing core networkAudioCodes Live Platform includes advanced automation and user management tools to sim
The New Omnichannel Experience Will Support Email and Webchat in a One-screen Microsoft Teams Contact Center Built in Azure LOD, Israel, March 13, 2024 /PRNewswire/ -- Highlights AudioCodes has added support for digital interactions to its Contact Center as a Service (CCaaS) solution, the Voca Conversational Interaction Center (CIC)The new omnichannel experience allows enterprises to provide a consistently integrated customer experience across email, webchat, and voice channelsVoca CIC's omnichannel design place special focus on agent multitasking across multiple engagement channels through a one-screen experienceEnterprises adopting the new omnichannel experience can trust the reliability
The Voca Conversational Interaction Center (CIC) Secures Top Honors in the 2024 CX Awards, Winning the Best Microsoft Teams Contact Center Solution LOD, Israel, March 4, 2024 /PRNewswire/ -- Highlights AudioCodes Voca CIC is selected by 16 CX industry experts to win the CX Award 2024 for Best Microsoft Teams Contact Center SolutionJudges were impressed with Voca CIC's unwavering reliability to provide a superior customer experience based on its Azure-native integration with Microsoft TeamsVoca CIC is certified for Microsoft Teams and built in Azure, leveraging Azure Communications Services as the foundation for Teams integration Embedded Conversational AI in Voca CIC allows users to intera
LOD, Israel, Feb. 6, 2024 /PRNewswire/ -- Fourth Quarter and Full Year 2023 Highlights Quarterly revenues increased by 3.2% sequentially to $63.6 million;full year 2023 revenues decreased by 11.2% to $244.4 million.Quarterly Service revenues of $30.9 million accounted for 48.6% of revenues;full year 2023 service revenues increased by 8.7% to $120.4 million.GAAP results:- Quarterly GAAP gross margin was 66.7% compared to 66.5% in the prior quarter;- Quarterly GAAP operating margin was 11.4% compared to 9.4% in the prior quarter;- Quarterly GAAP net income was $3.7 million, or $0.12 per diluted share compared to $4.3 million, or $0.14 per diluted share, in the prior quarter;- Full 2023 year G
Meeting Insights employs conversational AI to transform how organizations manage and leverage crucial information from Microsoft Teams meetings OR YEHUDA, Israel, July 31, 2024 /PRNewswire/ -- Highlights Meeting Insights is part of AudioCodes' growing offering of SaaS applications designed to meet evolving market demands for more flexible, scalable and integrated solutions for the modern workplace.The award's judges recognized Meeting Insights' ability to leverage conversational AI to enhance users' productivity and overall communications experience.Meeting Insights supports better decision-making through business-wide sharing of meeting intelligence, ensuring organizations operate more eff
AudioCodes leads the enterprise SBC market for the third year running with a 23.1% worldwide revenue share for 2023 LOD, Israel, May 15, 2024 /PRNewswire/ -- Highlights Research firm Omdia ranked AudioCodes as the market leader for 2023 with a worldwide revenue share of 23.1% in its Enterprise SBCs and VoIP Gateways Market Tracker – 4Q23 and CY23 Analysis and 2024–28 ForecastAudioCodes was also ranked by Omdia as the top vendor in the same category for 4Q23 with a 26.8% shareAudioCodes Mediant SBCs are certified for Microsoft Teams Direct Routing and Operator Connect, enabling high voice quality and secure voice connectivity for Teams customersThey also support WebRTC, Voice AI and Bring-Yo
Tata Tele Business Services (TTBS) enterprise customers in India can now enjoy Microsoft Teams voice calling with AudioCodes' SaaS solutions for Microsoft Operator Connect and Direct Routing LOD, Israel, March 25, 2024 /PRNewswire/ -- Highlights TTBS and AudioCodes have collaborated to offer Smartflo UCaaS on Microsoft Teams for integrated voice calling via Microsoft Operator Connect and Direct Routing for Microsoft TeamsThe AudioCodes Live Platform for Microsoft Teams solution enables TTBS to streamline Microsoft Teams voice UCaaS delivery from a single platform integrated into their existing core networkAudioCodes Live Platform includes advanced automation and user management tools to sim
The New Omnichannel Experience Will Support Email and Webchat in a One-screen Microsoft Teams Contact Center Built in Azure LOD, Israel, March 13, 2024 /PRNewswire/ -- Highlights AudioCodes has added support for digital interactions to its Contact Center as a Service (CCaaS) solution, the Voca Conversational Interaction Center (CIC)The new omnichannel experience allows enterprises to provide a consistently integrated customer experience across email, webchat, and voice channelsVoca CIC's omnichannel design place special focus on agent multitasking across multiple engagement channels through a one-screen experienceEnterprises adopting the new omnichannel experience can trust the reliability
The Voca Conversational Interaction Center (CIC) Secures Top Honors in the 2024 CX Awards, Winning the Best Microsoft Teams Contact Center Solution LOD, Israel, March 4, 2024 /PRNewswire/ -- Highlights AudioCodes Voca CIC is selected by 16 CX industry experts to win the CX Award 2024 for Best Microsoft Teams Contact Center SolutionJudges were impressed with Voca CIC's unwavering reliability to provide a superior customer experience based on its Azure-native integration with Microsoft TeamsVoca CIC is certified for Microsoft Teams and built in Azure, leveraging Azure Communications Services as the foundation for Teams integration Embedded Conversational AI in Voca CIC allows users to intera
Redefining the Meeting Experience with AI and AV Expertise LOD, Israel, Jan. 30, 2024 /PRNewswire/ -- Highlights AudioCodes and Kramer are partnering to redefine the Microsoft Teams Meeting Experience.The partnership brings together AudioCodes' expertise in Microsoft Teams Room solutions, management tools and AI-powered meeting analytics, with Kramer's expertise in innovative audio-visual solutions.Combining AudioCodes AI and Kramer's AV innovation allows enterprises to improve the user experience during a meeting and drive more productive, intelligence-based meeting outcomes.The collaboration provides system integrators with a uniquely comprehensive solution for Microsoft Teams meeting spa
LOD, Israel, Jan. 24, 2022 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading vendor of advanced communications software, products and services to increase productivity in the digital workplace, today announced the appointment of Mr. Dmitry Netis as Chief Strategy Officer effective immediately. Mr. Netis will report to Mr. Shabtai Adlersberg, President and CEO of the Company. Mr. Netis joins AudioCodes having worked 25 years in the technology sector and after 15 years on Wall Street covering infrastructure and application companies in Unified Communications, Collaboration, Customer Experience markets, among other sectors. Most recently Mr. Netis worked as a managing director and an investme
BofA Securities downgraded Audiocodes from Neutral to Underperform and set a new price target of $9.50 from $22.00 previously
BofA Securities downgraded Audiocodes from Buy to Neutral and set a new price target of $25.00 from $38.00 previously
Needham reiterated coverage of AudioCodes with a rating of Buy and set a new price target of $37.00 from $40.00 previously
Sidoti upgraded Audiocodes from Neutral to Buy and set a new price target of $37.00
Barclays reiterated coverage of AudioCodes with a rating of Underweight and set a new price target of $28.00 from $32.00 previously
Sidoti downgraded Audiocodes from Buy to Neutral and set a new price target of $37.00
Jefferies downgraded AudioCodes from Buy to Hold and set a new price target of $38.00
Barclays initiated coverage of Audiocodes with a rating of Underweight and set a new price target of $32.00
Barclays downgraded AudioCodes from Equal-Weight to Underweight and set a new price target of $32.00 from $34.00 previously
Needham initiated coverage of AudioCodes with a rating of Buy and set a new price target of $40.00
Needham analyst Ryan Koontz maintains AudioCodes (NASDAQ:AUDC) with a Buy and lowers the price target from $18 to $14.
Barclays analyst Ryan Macwilliams maintains AudioCodes (NASDAQ:AUDC) with a Underweight and lowers the price target from $12 to $10.
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
Shares of Zeta Global Holdings Corp. (NASDAQ:ZETA) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results and increased its second-quarter revenue guidance. Zeta Global posted GAAP loss of 23 cents per share, compared to market expectations for a loss of 25 cents per share. The company's quarterly sales came in at $194.947 million topping estimates of $187.112 million, according to data from Benzinga Pro. Zeta Global shares jumped 15.3% to $15.00 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers reAlpha Tech Corp (NASDAQ:AIRE) gained 65.8% to $1.42 in pre-market trading a
U.S. stock futures were mostly higher this morning, with the Dow futures gaining around 80 points on Tuesday. Shares of AudioCodes Ltd. (NASDAQ:AUDC) fell sharply in today's pre-market trading after the company reported worse-than-expected first-quarter financial results. AudioCodes posted adjusted earnings of 17 cents per share, missing market estimates of 23 cents per share. The company's quarterly sales came in at $60.076 million versus expectations of $62.452 million, according to data from Benzinga Pro. AudioCodes shares dipped 11.3% to $10.10 in pre-market trading in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Tru
AudioCodes (NASDAQ:AUDC) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.23 by 26.09 percent. This is a 112.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $60.076 million which missed the analyst consensus estimate of $62.452 million by 3.80 percent. This is a 1.46 percent increase over sales of $59.213 million the same period last year.
Tata Tele Business Services (TTBS) enterprise customers in India can now enjoy Microsoft Teams voice calling with AudioCodes' SaaS solutions for Microsoft Operator Connect and Direct Routing
Barclays analyst Ryan Macwilliams maintains AudioCodes (NASDAQ:AUDC) with a Underweight and raises the price target from $10 to $12.
Needham analyst Ryan Koontz maintains AudioCodes (NASDAQ:AUDC) with a Buy and raises the price target from $16 to $18.