Audiocodes Ltd (AUDC) Tops Q2 EPS by 5c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. SPY
5. INTC
6. META
7. AAPL
8. JBLU
9. ANT
10. NVDA

Go back to Audiocodes Ltd (AUDC) Tops Q2 EPS by 5c

AudioCodes Reports Second Quarter 2018 Results

July 24, 2018 2:09 AM EDT

LOD, Israel, July 24, 2018 /PRNewswire/ --

Second Quarter Highlights

Quarterly revenues increased by 12.3% year-over-year to $43.5 million; Quarterly service revenues increased by 14.2% year-over-year to $13.5 million; Revenues related to UC-SIP business increased more than 30% compared to the second quarter of 2017; Quarterly GAAP gross margin was 62.3%; quarterly Non-GAAP gross margin was 62.8%; Quarterly GAAP operating margin was 7.6%; quarterly Non-GAAP operating margin was 10.2%; Quarterly cash flow from operating activities was $2.2 million; Quarterly GAAP net income was $2.4 million, or $0.08 per diluted share; quarterly Non-GAAP net income was $4.1 million, or $0.14 per diluted... More