Audiocodes downgraded by BofA Securities with a new price target
$AUDC
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BofA Securities downgraded Audiocodes from Neutral to Underperform and set a new price target of $9.50 from $22.00 previously
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| 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 |
OR YEHUDA, Israel, May 6, 2025 /PRNewswire/ -- First Quarter Highlights Quarterly revenues increase by 0.5% year-over-year to $60.4 million;Quarterly service revenues increased by 3.4% year-over-year to $32.6 million;GAAP results:Quarterly GAAP gross margin was 64.8%;Quarterly GAAP operating margin was 6.0%;Quarterly GAAP EBITDA was $4.6 million;Quarterly GAAP net income was $4.0 million, or $0.13 per diluted share. Non-GAAP results:Quarterly Non-GAAP gross margin was 65.2%;Quarterly Non-GAAP operating margin was 8.9%;Quarterly Non-GAAP EBITDA was $6.2 million;Quarterly Non-GAAP net income was $4.7 million, or $0.15 per diluted share.Net cash provided by operating activities was $13.5 mill
Meeting Insights On-Prem uses AI to assist organizations in regulated and security-sensitive industries by automatically producing secure, accurate, and efficient meeting recaps without the use of cloud services OR YEHUDA, Israel, April 28, 2025 /PRNewswire/ -- Highlights Meeting Insights On-Prem enables organizations to record, organize, and secure details of their meetings in a centralized and searchable platform, ensuring that the data remains within their infrastructure.Deployed on local servers, the solution ensures full compliance with strict organizational security standards, privacy policies and regulatory frameworks.Advanced generative AI offers automatic transcription, summariz
OR YEHUDA, Israel, April 7, 2025 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading provider of voice, contact center and conversational AI applications and services for enterprises, today announced that it will release financial results for its First Quarter 2025 on Tuesday, May 6, 2025, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2025. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, May 6, 2025 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the First Quarter results, which will be webcasted simultaneously. The call will be hosted by S
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
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
SC 13G - AUDIOCODES LTD (0001086434) (Subject)
SC 13G/A - AUDIOCODES LTD (0001086434) (Subject)
OR YEHUDA, Israel, May 6, 2025 /PRNewswire/ -- First Quarter Highlights Quarterly revenues increase by 0.5% year-over-year to $60.4 million;Quarterly service revenues increased by 3.4% year-over-year to $32.6 million;GAAP results:Quarterly GAAP gross margin was 64.8%;Quarterly GAAP operating margin was 6.0%;Quarterly GAAP EBITDA was $4.6 million;Quarterly GAAP net income was $4.0 million, or $0.13 per diluted share. Non-GAAP results:Quarterly Non-GAAP gross margin was 65.2%;Quarterly Non-GAAP operating margin was 8.9%;Quarterly Non-GAAP EBITDA was $6.2 million;Quarterly Non-GAAP net income was $4.7 million, or $0.15 per diluted share.Net cash provided by operating activities was $13.5 mill
OR YEHUDA, Israel, April 7, 2025 /PRNewswire/ -- AudioCodes (NASDAQ:AUDC), a leading provider of voice, contact center and conversational AI applications and services for enterprises, today announced that it will release financial results for its First Quarter 2025 on Tuesday, May 6, 2025, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2025. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website. On Tuesday, May 6, 2025 at 8:30 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the First Quarter results, which will be webcasted simultaneously. The call will be hosted by S
OR YEHUDA, Israel, Feb. 4, 2025 /PRNewswire/ -- Fourth Quarter and Full Year 2024 Highlights Quarterly revenues decreased by 3.2% year-over-year to $61.6 million;full year 2024 revenues decreased by 0.9% to $242.2 million.Quarterly service revenues increased by 10.9% year-over-year to $34.2 million;full year 2024 service revenues increased by 8.2% to $130.2 million.GAAP results:- Quarterly GAAP gross margin was 66.2%;- Quarterly GAAP operating margin was 6.7%;- Quarterly GAAP EBITDA was $5.2 million;- Quarterly GAAP net income was $6.8 million, or $0.22 per diluted share; and- Full year 2024 GAAP net income was $15.3 million, or $0.50 per diluted share.Non-GAAP results:- Quarterly Non-GAAP
SD - AUDIOCODES LTD (0001086434) (Filer)
6-K - AUDIOCODES LTD (0001086434) (Filer)
SCHEDULE 13G/A - AUDIOCODES LTD (0001086434) (Subject)
Meeting Insights On-Prem uses AI to assist organizations in regulated and security-sensitive industries by automatically producing secure, accurate, and efficient meeting recaps without the use of cloud services OR YEHUDA, Israel, April 28, 2025 /PRNewswire/ -- Highlights Meeting Insights On-Prem enables organizations to record, organize, and secure details of their meetings in a centralized and searchable platform, ensuring that the data remains within their infrastructure.Deployed on local servers, the solution ensures full compliance with strict organizational security standards, privacy policies and regulatory frameworks.Advanced generative AI offers automatic transcription, summariz
OR YEHUDA, Israel, March 26, 2025 /PRNewswire/ -- Details AudioCodes Ltd. (NASDAQ:AUDC), a leading provider of voice, contact center and conversational AI applications and services for enterprises ("AudioCodes"), today announced that it has filed its Annual Report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024 (the "2024 Annual Report") with the United States Securities and Exchange Commission. The 2024 Annual Report can be accessed on AudioCodes' website at http://www.audiocodes.com (under the heading "Investor Relations"). Alternatively, AudioCodes' shareholders may also request a hard copy of the 2024 Annual Report, free of charge, b
Using Microsoft Teams Phone extensibility, a new capability powered by Azure Communications Services for extending Teams Phone to other applications, Voca Conversational Interaction Center brings a more seamless integration between CCaaS and Teams OR YEHUDA, Israel, March 18, 2025 /PRNewswire/ -- Highlights AudioCodes' Voca Conversational Interaction Center (Voca CIC) now supports the latest, most reliable platform available to Microsoft Teams CCaaS applications: Teams Phone extensibility.Voca CIC's new support uses Microsoft's latest platform for standardized provisioning, customer onboarding and day-to-day operations for applications integrated with Microsoft Teams Phone.With Teams Phone