Welcome to our dedicated page for Audiocodes news (Ticker: AUDC), a resource for investors and traders seeking the latest updates and insights on Audiocodes stock.
Overview
AudioCodes Ltd. (NASDAQ: AUDC, TASE: AUDC) is a pioneer in advanced communications software and unified communications solutions. The company provides robust, all-IP voice networking and media processing solutions designed for the modern digital workplace. With an emphasis on advanced voice technologies and innovative product integration, AudioCodes offers a comprehensive suite of communications products, ensuring seamless connectivity and operational efficiency.
Core Business Areas
AudioCodes caters to both enterprise and service provider markets by enabling the building and operation of all-IP voice networks. Its core offerings include:
- Unified Communications: Solutions that integrate voice, video, and messaging channels to create a cohesive digital experience.
- Contact Center Solutions: Advanced tools and applications designed to optimize customer engagement, including AI-driven omnichannel experiences that integrate voice, email, and webchat.
- Media Processing and Voice Networking: A broad portfolio of communication software and hardware including IP phones, session border controllers, digital media gateways, and multi-service routers.
Technology and Innovation
At the heart of AudioCodes’ success is its commitment to technology innovation. The company has developed cloud-native applications and utilizes advanced voice networking technologies that are essential for modern unified communications. Its innovative approach includes seamless integration with platforms such as Microsoft Teams, providing AI-first solutions with conversational capabilities. This integration not only improves agent productivity in contact centers but also enhances overall digital customer experiences.
Market Position and Competitive Landscape
AudioCodes operates in the highly competitive communications technology market, positioned among major vendors who deliver intelligent networking and media processing solutions. The company distinguishes itself through a blend of innovative software development, comprehensive product portfolios, and adaptable deployment models. By focusing on robust product design and strategic partnerships, AudioCodes caters to a wide range of customers from large multi-national enterprises to tier-1 service providers. Its ability to transition from traditional capex-driven models to recurring revenue models further underpins its competitive edge and market significance.
Business Model and Revenue Generation
The company generates revenue through several channels. It follows a multi-pronged approach that includes:
- Direct Sales: A dedicated sales force and network of sales representatives focus on large enterprises and service providers.
- Channel Partnerships: Collaborations with network equipment providers, OEMs, and system integrators enhance its market reach.
- SaaS and Managed Services: The evolution towards an all-IP cloud communication model allows for recurring revenue streams via subscription-based models, particularly in the realm of unified communications and contact center applications.
Customer and Geographic Reach
AudioCodes serves a global customer base spread across varied geographic regions. Key markets include the Americas, Europe, the Far East, and Israel, with the firm cultivating deep relationships with both enterprise chains and tier-1 operational providers. By addressing diverse communication needs, the company ensures that its technology enables scalable and reliable digital workplace environments worldwide.
Industry-Specific Insights
Leveraging decades of expertise, AudioCodes stays at the forefront of innovation through:
- Advanced Voice Technology: Constantly pushing the boundaries of digital voice networking and media processing, ensuring high-fidelity communication solutions.
- Omnichannel Capabilities: Integrating voice with modern digital channels such as email and webchat, providing versatile, high-performance contact center applications.
- Cloud Native and AI-Driven Solutions: Embracing cloud architecture and conversational AI to meet the evolving operational needs of the digital age.
Comprehensive Communication Ecosystem
AudioCodes encapsulates a holistic approach to modern communications by connecting legacy infrastructures with modern digital platforms. Its strategic deployments in integration with Microsoft Teams and other unified communications platforms demonstrate its capability to meet and exceed the innovations required in today’s demanding communication ecosystems.
Conclusion
In summary, AudioCodes is a central figure in the realm of advanced communications software and unified communications. Its comprehensive product portfolio, focus on innovation, and strategic market positioning underscore its significance in enabling reliable, scalable, and efficient digital communication solutions. The detailed and nuanced understanding of its product offerings, technology framework, and competitive strategies provides investors and industry watchers with a clear picture of how AudioCodes drives digital transformation in the communications landscape.
AudioCodes (NASDAQ: AUDC), a leading provider of voice, contact center and conversational AI applications and services for enterprises, has scheduled its First Quarter 2025 earnings release for Tuesday, May 6, 2025, before the NASDAQ market opens. The financial results will cover the quarter ending March 31, 2025.
The company will host a conference call at 8:30 a.m. Eastern Time on the same day, featuring President and CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can participate by dialing 888-506-0062 (USA) or +1 973-528-0011 (international), or via webcast on AudioCodes' investor website. A replay will be available approximately two hours after the call concludes.
AudioCodes (NASDAQ: AUDC) has announced the filing of its Annual Report on Form 20-F with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2024. The report, which includes audited financial statements, is accessible through the company's website at http://www.audiocodes.com under the Investor Relations section.
Shareholders can request a free hard copy of the 2024 Annual Report by contacting the company directly.
AudioCodes (NASDAQ: AUDC) has announced that its Voca Conversational Interaction Center (Voca CIC) now supports Microsoft Teams Phone extensibility, powered by Azure Communications Services. This integration brings enhanced reliability and efficiency to Teams Phone CCaaS applications.
The new support offers standardized provisioning, streamlined customer onboarding, and reliable integration between customers, contact center agents, and company-wide Teams users. Key advantages include more seamless integration with Teams Phone's core communication infrastructure, simplified management, and enterprise-grade reliability with 99.999% uptime.
Voca CIC, built in Azure, continues to deliver Azure AI Services as built-in features, including intelligent routing, real-time call insights, and advanced analytics. The solution is available as a 30-day free trial on AudioCodes website, Teams Store, or Azure Marketplace.
AudioCodes (NASDAQ: AUDC) has announced significant enhancements to its Meeting Insights solution, introducing CRM integration capabilities and a new mobile application. The solution now integrates with Salesforce CRM and Microsoft Dynamics 365, enabling automatic synchronization of meeting data with CRM records.
The new features allow seamless transfer of meeting intelligence from various platforms including Microsoft Teams, Zoom, and face-to-face meetings into CRM systems. The mobile app, available for iOS and Android, supports face-to-face meeting recording and summarization without requiring UCaaS connectivity, plus direct video and audio upload capabilities.
The CRM integration with Salesforce will be generally available in Q2 2025, initially rolling out to selected customers. The enhancement maintains enterprise-grade security standards while aiming to improve business productivity by automating CRM updates with AI-powered meeting content analysis.
AudioCodes (NASDAQ: AUDC) has announced an expansion of its Live offering with AI-powered value-added services, designed to modernize customer and employee experience for enterprises. The company introduced three key services:
- Voca CIC: An AI-first, omnichannel contact center solution for Microsoft Teams
- Meeting Insights: A generative AI-powered meeting productivity solution
- Interaction Insights: Cloud-based compliance recording with interaction analytics
These services complement AudioCodes' existing certified voice calling services for Microsoft Teams, Webex by Cisco, and Zoom Phone customers. Delivered through the AudioCodes Live Platform, the services operate on a per-user, monthly subscription model, helping reduce total cost of ownership. The platform includes advanced service automation and AI-based monitoring tools to help service providers accelerate customer onboarding and reduce time to revenue.
AudioCodes (AUDC) reported its Q4 and full year 2024 financial results. Q4 revenues decreased 3.2% year-over-year to $61.6 million, while full-year revenues slightly declined 0.9% to $242.2 million. However, service revenues showed strong growth, increasing 10.9% in Q4 to $34.2 million and 8.2% for the full year to $130.2 million.
Q4 GAAP net income was $6.8 million ($0.22 per share), while full-year GAAP net income reached $15.3 million ($0.50 per share). The company's Enterprise UCaaS and CX business accounted for 92% of Q4 revenues, with Microsoft business growing 13% in the quarter. The company's ARR reached $65 million, representing 35% year-over-year growth.
AudioCodes declared a semi-annual dividend of 18 cents per share, payable March 6, 2025, and repurchased 634,533 shares for $6.0 million during Q4 2024.
AudioCodes (NASDAQ: AUDC) has launched its new Intelligent Meeting Room solution, integrating AI technology to enhance hybrid meeting experiences. The system features automated meeting summarization powered by generative AI and AudioCodes' Meeting Insights technology, integrated into their RXV series devices.
The solution includes advanced visual AI capabilities such as face detection and speaker tracking, utilizing multiple camera streams to provide comprehensive views of participants and meeting spaces. The automatic summarization feature is activated via the RX-PAD meeting controller console, allowing participants to focus on discussions rather than note-taking.
The company will showcase this technology at ISE 2025 in Barcelona from February 4-7, 2025, at booth 1D170.
AudioCodes (NASDAQ: AUDC) has announced it will release its Fourth Quarter and Full Year 2024 financial results on Tuesday, February 4, 2025, before the NASDAQ market opens. The results will cover the period ended December 31, 2024.
The company will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss the results. The call will be led by President and CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can participate by dialing 888-506-0062 (USA) or +1 973-528-0011 (international) or via webcast on AudioCodes' investor website. A replay will be available approximately two hours after the call ends.
AudioCodes (AUDC) reported Q3 2024 results with revenues of $60.2 million, down 2.2% year-over-year. Service revenues increased 6.4% to $32.5 million, representing 53.9% of total revenues. GAAP net income was $2.7 million ($0.09 per share), while Non-GAAP net income was $4.9 million ($0.16 per share). The company's Annual Recurring Revenue (ARR) grew 40% year-over-year to $60 million. During the quarter, AudioCodes repurchased 332,709 shares for $3.6 million and paid a dividend of 18 cents per share.
AudioCodes (NASDAQ: AUDC) has expanded its Meeting Insights solution to support Zoom meetings, in addition to Microsoft Teams. This enhancement provides organizations with a unified meeting intelligence solution across UCaaS platforms, addressing data silo challenges. The solution features AI-powered meeting summaries, action item extraction, cross-platform searchable repository, and real-time transcription. Key capabilities include a unified meeting repository, cross-platform consistency, flexible integration, and enterprise-grade security features including encryption and compliance with GDPR, CPRA, and CCPA regulations. The Zoom-enabled version is immediately available for all customers.
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