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.

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.

AudioCodes Announces Third Quarter 2023 Reporting Date

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AudioCodes Ltd is a newcomer on the Dividend Challengers list with 5 years of consecutive dividend growth, but its dividend has remained stagnant since early 2022. The company has seen steady revenue growth and has virtually no long-term debt, but its free cash flow has dropped. AudioCodes has performed poorly in terms of stock price compared to its peers, but its revenue and earnings growth have been favorable.

Dividend Challengers Review: AudioCodes

Investors loved what they heard in the next-generation audio specialist's latest earnings release. It trounced the average analyst estimate for profitability.

Why AudioCodes Stock Blasted Higher on Tuesday

AudioCodes Ltd. (NASDAQ:AUDC ) Q2 2023 Earnings Conference Call August 1, 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 Mason Marion - Jefferies Gregory Burns - Sidoti & Company Ryan Koontz - Needham & Company Tal Liani - Bank of America Operator Greetings.

AudioCodes Ltd. (AUDC) Q2 2023 Earnings Call Transcript

AudioCodes (AUDC) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.34 per share a year ago.

AudioCodes (AUDC) Q2 Earnings Beat Estimates

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.

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

The CCaaS solution aims to service AudioCodes' vast Microsoft Teams customer base with a Microsoft Teams-native contact center offering LOD, Israel , July 31, 2023 /PRNewswire/ -- Highlights Voca Conversational Interaction Center (Voca CIC) enables any Microsoft Teams user to act as an agent through a one-screen, AI-first contact center. AudioCodes is targeting its Microsoft Teams customer base of over 7 million Microsoft Teams Phone users on PTSN Calling, with a lightweight customer experience (CX) solution to empower main service desks and internal service departments.

AudioCodes AI-first Contact Center-as-a-Service (CCaaS) Solution Now Certified for Microsoft Teams

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.

AudioCodes Announces Second Quarter 2023 Reporting Date

AudioCodes Ltd. (NASDAQ:AUDC ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Roger Chuchen - Vice President of Investor Relations Shabtai Adlersberg - President and Chief Executive Officer Niran Baruch - Vice President of Finance and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company, LLC Mason Marion - Jefferies LLC Tal Liani - Bank of America Merrill Lynch Pete Newton - Barclays Operator Greetings.

AudioCodes Ltd. (AUDC) Q1 2023 Earnings Call Transcript

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.

AudioCodes Reports First Quarter 2023 Results

LOD, Israel , April 24, 2023 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, 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, 2022 (the "2022 Annual Report") with the U.S. Securities and Exchange Commission. The 2022 Annual Report can be accessed on AudioCodes' website at http://www.audiocodes.com (under the heading "Investor Relations").

AudioCodes Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2022

LOD, Israel , April 10, 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 first quarter 2023 on Tuesday, May 9, 2023, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2023. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Announces First Quarter 2023 Reporting Date

LOD, Israel , April 10, 2023 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that revenues for the first quarter of 2023 are anticipated to be lower than previously estimated internally when the company provided guidance for the full year in February 2023. Based on initial analysis, we now believe financial results to be as follows:

AudioCodes Announces Preliminary Range of Financial Results for First Quarter 2023

AudioCodes Ltd. (NASDAQ:AUDC ) Q4 2022 Earnings Conference Call February 7, 2023 8:30 AM ET Company Participants Roger Chuchen - VP, IR Shabtai Adlersberg - President and CEO Niran Baruch - VP, Finance and CFO Conference Call Participants Samad Samana - Jefferies Greg Burns - Sidoti & Company Ryan Koontz - Needham & Company Operator Good morning everybody, and welcome to the AudioCodes' Fourth Quarter and Full Year 2022 Earnings Conference Call.

AudioCodes Ltd. (AUDC) Q4 2022 Earnings Call Transcript

LOD, Israel , Feb. 7, 2023 /PRNewswire/ --  Fourth Quarter and Full Year 2022 Highlights Quarterly revenues increased by 6.9% year-over-year to $70.7 million; full 2022 year revenues increased by 10.5% to $275.1 million. Quarterly service revenues increased by 17.2% year-over-year to $28.6 million;full 2022 year service revenues increased by 18.1% to $110.8 million.

AudioCodes Reports Fourth Quarter and Full Year 2022 Results and Declares Semi-Annual Dividend of 18 cents per share

LOD, Israel , Jan. 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 Fourth quarter and full year 2022 on Tuesday, February 7, 2023, before the market open on NASDAQ, reflecting the quarterly period ended December 30, 2022. 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 2022 Reporting Date

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AudioCodes Ltd. (NASDAQ:AUDC ) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET Company Participants Roger Chuchen – Vice President of 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 Greg Burns – Sidoti & Company Ryan Koontz – Needham & Company Operator Good morning, ladies and gentlemen, and welcome to the AudioCodes' Third Quarter 2022 Earnings Conference Call.

AudioCodes Ltd. (AUDC) Q3 2022 Earnings Call Transcript

LOD, Israel , Nov. 2, 2022 /PRNewswire/ -- Third Quarter Highlights Quarterly revenues increased by 10% year-over-year to $69.7 million; Quarterly service revenues increased by 8.2% year-over-year to $26.8 million. GAAP results:         - Quarterly GAAP gross margin was 62.8%;         - Quarterly GAAP operating margin was 10.1%; and         - Quarterly GAAP net income was $5.4 million, or $0.17 per diluted share.

AudioCodes Reports Third Quarter 2022 Results

LOD, Israel , Oct. 6, 2022 /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 2022 on Wednesday, November 2, 2022, before the market open on NASDAQ, reflecting the quarterly period ended September 30, 2022. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Announces Third Quarter 2022 Reporting Date

AudioCodes Ltd. (NASDAQ:AUDC ) Q2 2022 Earnings Conference Call August 2, 2022 8:30 AM ET Company Participants Roger Chuchen - Vice President, Investor Relations Shabtai Adlersberg - President & Chief Executive Officer Niran Baruch - Vice President, Finance & Chief Financial Officer Conference Call Participants Greg Burns - Sidoti & Company Samad Samana - Jefferies Ryan Koontz - Needham & Company Tal Liani - Bank of America Operator Greetings ladies and gentlemen and welcome to the AudioCodes' Second Quarter 2021 Earnings Call.

AudioCodes Ltd. (AUDC) CEO Shabtai Adlersberg on Q2 2022 Results - Earnings Call Transcript

AudioCodes (AUDC) delivered earnings and revenue surprises of 0% and 0.26%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

News for AudioCodes Stock (AUDC)