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Audiocodes - AUDC STOCK NEWS

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.

AudioCodes Ltd. (AUDC) specializes in advanced voice networking and unified communications solutions for modern enterprises. This page provides investors and industry professionals with centralized access to official company announcements and market-moving developments.

Track comprehensive updates including quarterly earnings reports, product innovation announcements, and strategic partnership disclosures. Our curated feed ensures timely access to financial filings, technology launches, and operational updates relevant to AudioCodes' position in voice-enabled cloud communications.

Key focus areas mirror AudioCodes' core competencies: IP telephony advancements, contact center solutions, and Microsoft Teams integration developments. Stay informed about regulatory filings, executive leadership updates, and market expansion initiatives through verified primary sources.

Bookmark this page for efficient monitoring of AudioCodes' progress in delivering voice communication infrastructure and enterprise collaboration tools across global markets.

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AudioCodes (AUDC) Voca Conversational Interaction Center (CIC) wins the CX Award 2024 for Best Microsoft Teams Contact Center Solution. The solution offers seamless integration with Microsoft Teams, Azure-native support, and AI-driven conversational capabilities. The recognition highlights AudioCodes' commitment to innovation and customer experience excellence.
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AudioCodes (NASDAQ: AUDC) reported a 3.2% increase in quarterly revenues to $63.6 million, while full-year revenues decreased by 11.2% to $244.4 million in 2023. The company's GAAP gross margin was 66.7% in the quarter, and non-GAAP gross margin was 67.6%. Quarterly GAAP net income was $3.7 million, and non-GAAP net income was $8.9 million. The company repurchased 595,583 of its ordinary shares during the quarter at an aggregate cost of $6.3 million. AudioCodes also declared a cash dividend of 18 cents per share, payable on March 6, 2024.
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AudioCodes (NASDAQ: AUDC) and Kramer have announced a partnership to redefine the Microsoft Teams Meeting Experience, integrating AudioCodes' Microsoft Teams Room products with Kramer's innovative audio-visual solutions. The collaboration aims to provide end-to-end solutions for hybrid work environments, offering a comprehensive approach to modern collaboration needs. The strategic partnership promises to elevate user experiences in hybrid work settings and provide significant value for system integrators.
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AudioCodes (AUDC) to Release Q4 and Full Year 2023 Financial Results on February 06, 2024
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AudioCodes announces Q3 2023 financial results with quarterly revenues of $61.6 million, a 2.6% increase from the previous quarter. GAAP net income was $4.3 million, while non-GAAP net income was $8.3 million. The company declared a cash dividend of 18 cents per share, amounting to $5.7 million. AudioCodes repurchased 880,457 of its ordinary shares during the quarter at a cost of $9.0 million.
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AudioCodes will release its financial results for Q3 2023 on November 2, 2023, before the market open on NASDAQ. A conference call will be conducted to discuss the results. Investors can listen to the call live or access a replay on the AudioCodes investor website.
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