AudioCodes

AudioCodes Ltd. is engaged in the provision of communications software, products and productivity solutions for the digital workplace. The firm involves in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, meeting rooms, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications. The company was founded by Shabtai Adlersberg in 1992 and is headquartered in Lod, Israel.

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AudioCodes reports solid Q4 performance, eyes growth through tech innovation

AudioCodes delivered strong financial results, driven by diversified revenue streams and operational efficiency.
Strategic focus on emerging technologies like VoiceAI and partnerships with industry leaders position the company for future growth.
Challenges in OEM business and contact center transitions require proactive strategies, while opportunities in cloud migration and AI offer avenues for expansion.

AudioCodes Q1 2023: Resilient Growth Amid Economic Challenges and Cost Optimization

AudioCodes faced challenges from the global economic slowdown but showed resilience with strong growth in UCaaS and CCaaS areas.
The company's focus on cost-saving measures and workforce optimization aims to significantly improve financial results by 2024.
Despite economic uncertainties, AudioCodes maintains a solid cash position and sees opportunities in expanding its Microsoft business and managed services.

AudioCodes (AUDC) reports solid Q2 results, eyes strategic growth

AudioCodes (AUDC) demonstrates confidence in financial performance and strategic direction.
Strong emphasis on growth in Microsoft-related business and Live managed services.
Challenges include addressing market uncertainties and optimizing expense control.

AudioCodes reports resilient Q3 earnings, eyes software growth opportunities

AudioCodes delivered solid financial performance in Q3 2023, driven by enterprise business growth and operational efficiency.
The company's strategic focus on software and services, alongside innovation in AI and service offerings, positions it for future success.
Challenges in the service provider segment and competitive pressures highlight the need for targeted strategies and market differentiation.
With a strong balance sheet, raised earnings guidance, and a long-term transformation plan, AudioCodes is poised for sustained growth and margin improvement.

AudioCodes reports Q4 revenue growth, eyes UCaaS and CX expansion

AudioCodes delivered mixed financial results for Q4 2023, with revenue growth but a decline in full-year revenues compared to 2022.
The company showcased strengths in key segments like UCaaS, customer experience, and conversational AI, with notable contract wins.
Challenges include revenue decline and potential market competition, while opportunities exist in market expansion and innovation.
Strategic focus on growth areas and operational efficiency will be crucial for AudioCodes to navigate market dynamics and drive future success.

AudioCodes reports steady Q1 earnings, eyes growth in strategic areas

AudioCodes delivered stable Q1 results with a focus on strategic growth areas and cost-saving initiatives.
Challenges in legacy business underscore the need for continued adaptation to evolving market trends.
Opportunities in recurring revenue models and service-focused growth areas position the company for future success.
Overall, AudioCodes' financial performance and strategic direction reflect a balanced approach towards sustainable growth.

AudioCodes reports solid Q2 earnings, eyes growth in innovative services

AudioCodes demonstrated strong financial performance in Q2 2024, with positive revenue and income figures.
The company's focus on growth in key business segments and innovative services positions them well for future success.
While facing challenges in legacy products and market acceptance, AudioCodes has opportunities for growth and profitability.
Strategic emphasis on newer technologies and platforms can drive revenue growth and enhance shareholder value.

AudioCodes reports solid Q3 earnings, eyes growth amid challenges

AudioCodes delivered a strong financial performance in Q3 2024, with robust revenues and improved profitability.
The company's focus on non-GAAP financials, strong cash position, and shareholder-friendly actions are notable strengths.
Challenges include maintaining growth momentum, managing expenses, and adapting to market dynamics.
Opportunities for AudioCodes include expanding services, strategic partnerships, innovation, and capitalizing on industry trends.

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AudioCodes Ltd. engages in the provision of communications software, products and productivity solutions for the digital workplace. The firm is involved in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, meeting rooms, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications. The company was founded by Shabtai Adlersberg in 1992 and is headquartered in Lod, Israel.

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Investors looking for stocks in the Communication - Components sector might want to consider either AudioCodes (AUDC) or Arista Networks (ANET). But which of these two companies is the best option for those looking for undervalued stocks?

AUDC or ANET: Which Is the Better Value Stock Right Now?

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 channels Voca CIC's omnichannel design place special focus on agent multitasking across multiple engagement channels through a one-screen experience Enterprises adopting the new omnichannel experience can trust the reliability that comes with Voca CIC as the only CCaaS solution to offer an Azure-native integration with Teams Adding omnichannel capabilities to Voca CIC further strengthens AudioCodes Live, which offers complete calling and contact center for Microsoft Teams Details Enterprises using Voca CIC's omnichannel experience can now offer a consistent customer experience across multiple engagement channels all from a one-screen Microsoft Teams contact center built in Azure. AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace and customer experience, today announced that Voca Conversational Interaction Center (Voca CIC) is now an omnichannel contact center for Microsoft Teams, adding email and webchat to the existing voice experience.

AudioCodes Voca Conversational Interaction Center Now Offers Omnichannel

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 Solution Judges were impressed with Voca CIC's unwavering reliability to provide a superior customer experience based on its Azure-native integration with Microsoft Teams Voca 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 interact with contact center flows over natural language Voca CIC is a primary engine for AudioCodes Live, which offers complete calling and contact center for Microsoft Teams AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace and customer experience, announced its Voca Conversational Interaction Center (Voca CIC) received the CX Award for Best Microsoft Teams Contact Center Solution by CX Today on February 29 th, 2024. CX Today, the leading international news publication honoring excellence in CX technology, proudly hosted the CX Awards.

AudioCodes AI-first Voca Conversational Interaction Center Wins Best Microsoft Teams Contact Center Award

The enterprise audio solutions specialist unveiled its fourth-quarter results. While its headline numbers were down year over year, they represented improvements over the previous quarter.

Why AudioCodes Stock Triumphed on Tuesday

AudioCodes Ltd. (AUDC) Q4 2023 Earnings Call Transcript

AudioCodes (AUDC) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.36 per share a year ago.

AudioCodes (AUDC) Tops Q4 Earnings Estimates

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.

AudioCodes Reports Fourth Quarter and Full Year 2023 Results and Declares Semi-Annual Dividend of 18 cents per share

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.

AudioCodes and Kramer Partner to Deliver Complete Solution for Microsoft Teams Rooms

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Increased fiber densification and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, AUDC and HEAR are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Likely to Sail Against Industry Odds

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.

AudioCodes Announces Fourth Quarter and Full Year 2023 Reporting Date

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Investors with an interest in Communication - Components stocks have likely encountered both AudioCodes (AUDC) and Corning (GLW). But which of these two stocks presents investors with the better value opportunity right now?

AUDC or GLW: Which Is the Better Value Stock Right Now?

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TZOO, RYI, FINW, AUDC and GFF have been added to the Zacks Rank #1 (Strong Buy) List on December 7, 2023.

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AUDC, RYI and ARCO made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 7, 2023.

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AudioCodes (AUDC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

AudioCodes (AUDC) Upgraded to Strong Buy: Here's Why

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AUDC, FMX and NSSC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 30, 2023.

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AUDC, IDCC and MNSO made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 28, 2023.

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HBCP, TZOO and AUDC made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 28, 2023.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing AudioCodes (AUDC) Right Now?

AudioCodes (AUDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can AudioCodes (AUDC) Run Higher on Rising Earnings Estimates?

AudioCodes Ltd. (NASDAQ:AUDC ) Q3 2023 Earnings Conference Call November 2, 2023 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 Ryan MacWilliams - Barclays Gregory Burns - Sidoti & Company Ryan Koontz - Needham & Company Samad Samana - Jefferies Operator Greetings.

AudioCodes Ltd. (AUDC) Q3 2023 Earnings Call Transcript

AudioCodes (AUDC) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.32 per share a year ago.

AudioCodes (AUDC) Surpasses Q3 Earnings Estimates

LOD, Israel , Nov. 2, 2023 /PRNewswire/ -- Third Quarter Highlights Quarterly revenues increased by 2.6% sequentially to $61.6 million. Quarterly Service revenues of $30.6 million accounted for 49.6% of revenues GAAP results:      - Quarterly GAAP gross margin was 66.5% compared to 64.1% in the prior quarter;   - Quarterly GAAP operating margin was 9.4% compared to 3.8% in the prior quarter; and    - Quarterly GAAP net income was $4.3 million, or $0.14 per diluted share compared to $1.1 million, or $0.03 per diluted share, in the prior quarter.

AudioCodes Reports Third Quarter 2023 Results

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.

News for AudioCodes Stock (AUDC)