AudioCodes (AUDC) News & Sentiment

This Industry Outlook article features Arista Networks, Corning, and AudioCodes.

The Zacks Communication - Components industry is expected to do well despite some short-term challenges, thanks to higher fiber densification, a focus on cloud technology, and faster 5G rollout. Companies like ANET, GLW, and AUDC are in a strong position to benefit from the growing need for smooth connectivity solutions.

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.

AudioCodes introduces leading-edge Intelligent Meeting Room solution to support organizations working in hybrid settings.

AudioCodes (AUDC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

AI-powered meeting summaries and smart video enhance collaboration and overall organizational productivity OR YEHUDA, Israel , Jan. 13, 2025 /PRNewswire/ -- Highlights AudioCodes Intelligent Meeting Room leverages cutting-edge AI technology to enhance in-person and remote participants' experience while increasing productivity through automated meeting summaries. Generative AI integrated with AudioCodes' meeting room devices automatically creates and shares meeting summaries, freeing up in-room participants to focus on ongoing discussions rather than manual note-taking.

OR YEHUDA, Israel , Jan. 6, 2025 /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 2024 on Tuesday, February 4, 2025, before the market open on NASDAQ, reflecting the quarterly period ended December 31, 2024. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Ltd. (NASDAQ:AUDC ) Q3 2024 Earnings Conference Call November 6, 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 Ryan Koontz - Needham & Company Billy Fitzsimmons - Jefferies Operator Greetings.

OR YEHUDA, Israel , Nov. 6, 2024 /PRNewswire/ --  Third Quarter Highlights Quarterly revenues decreased by 2.2% year-over-year to $60.2 million; Quarterly service revenues increased by 6.4% year-over-year to $32.5 million; GAAP results:- Quarterly GAAP gross margin was 65.2%;- Quarterly GAAP operating margin was 8.1%;- Quarterly GAAP EBITDA was $5.9 million;- Quarterly GAAP net income was $2.7 million, or $0.09 per diluted share.  Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.6%;- Quarterly Non-GAAP operating margin was 11.7%;- Quarterly Non-GAAP EBITDA was $7.9 million;- Quarterly Non-GAAP net income was $4.9 million, or $0.16 per diluted share.