Audiocodes Ltd (AUDC) Tops Q4 EPS by 3c
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AudioCodes Reports Fourth Quarter and Full Year 2018 Results
January 28, 2019 2:30 AM ESTLOD, Israel, Jan. 28, 2019 /PRNewswire/ --
Fourth Quarter and Full Year 2018 Highlights
Quarterly revenues increased by 10.5% year-over-year to $45.8 million;Â full 2018 year revenues increased by 12.4% to $176.2 million; Quarterly service revenues increased by 13.0% year-over-year to $15.1 million; full 2018 year service revenues increased by 14.4% to $56.3 million; Quarterly UC-SIP revenues increased more than 30% year-over-year; Quarterly GAAP gross margin percentage was 62.6%; quarterly Non-GAAP gross margin percentage was 63.0%; Quarterly GAAP operating margin percentage was 11.2%; quarterly Non-GAAP operating margin percentage was 13.7%; Cash flow from operating activities was $11.6 million for the quarter and $25.6 million... More