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AudioCodes Announces Third Quarter 2024 Reporting Date
Prnewswire· 2024-10-07 13:00
OR YEHUDA, Israel, Oct. 7, 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 Third quarter 2024 on Wednesday, November 6, 2024, before the market open on NASDAQ, reflecting the quarterly period ended September 30, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate websit ...
Strength Seen in AudioCodes (AUDC): Can Its 6.7% Jump Turn into More Strength?
ZACKS· 2024-09-25 11:01
AudioCodes (AUDC) shares soared 6.7% in the last trading session to close at $9.34. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.8% loss over the past four weeks.AudioCodes is likely to have benefited from the secular tailwinds related to IP-based communications. The uptrend is also expected to have been triggered by its continued focus on high-margin businesses, resulting in a faster-than-expected expansion in operating ma ...
Is AudioCodes (AUDC) Stock Undervalued Right Now?
ZACKS· 2024-09-17 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...
Is AudioCodes (AUDC) a Great Value Stock Right Now?
ZACKS· 2024-08-30 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...
Should Value Investors Buy AudioCodes (AUDC) Stock?
ZACKS· 2024-08-07 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, in ...
AudioCodes Meeting Insights Selected as Winner of 'Best Use of AI' Category in UC Awards 2024
Prnewswire· 2024-07-31 13:00
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' produ ...
AudioCodes(AUDC) - 2024 Q2 - Earnings Call Transcript
2024-07-30 18:29
AudioCodes Ltd. (NASDAQ:AUDC) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Roger Chuchen - Vice President, Investor Relations Shabtai Adlersberg - President and Chief Executive Officer Niran Baruch - Vice President of Finance and Chief Financial Officer Conference Call Participants Eamon Coughlin - Barclays Ryan Koontz - Needham & Company. Billy Fitzsimmons - Jefferies Operator Good morning, everyone, and welcome to the AudioCodes Second Quarter 2024 earnings conference ca ...
AudioCodes (AUDC) Meets Q2 Earnings Estimates
ZACKS· 2024-07-30 12:05
AudioCodes (AUDC) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this communication components company would post earnings of $0.20 per share when it actually produced earnings of $0.17, delivering a surprise of -15%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.AudioCodes, w ...
AudioCodes(AUDC) - 2024 Q2 - Quarterly Report
2024-07-30 12:00
Exhibit 1 codes AudioCodes Press Release P R E S S R E L E A S E Company Contacts Niran Baruch, Chief Financial Officer AudioCodes Tel: +972-3-976-4000 niran.baruch@audiocodes.com Roger L. Chuchen, VP, Investor Relations AudioCodes Tel: 732-764-2552 roger.chuchen@audiocodes.com AudioCodes Reports Second Quarter 2024 Results and Declares SemiAnnual Dividend of 18 cents per share Or Yehuda, Israel – July 30, 2024 - AudioCodes (NASDAQ: AUDC) Press Release Second Quarter Highlights · Quarterly revenues increase ...
AudioCodes Reports Second Quarter 2024 Results and Declares Semi-Annual Dividend of 18 cents per share
Prnewswire· 2024-07-30 06:00
OR YEHUDA, Israel, July 30, 2024 /PRNewswire/ -- Second Quarter HighlightsQuarterly 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 o ...