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.
About AudioCodes (NASDAQ: AUDC)
AudioCodes Ltd. is a globally recognized provider of advanced communications software, products, and productivity solutions tailored for the modern digital workplace. With a strong focus on enabling enterprises and service providers to build and operate all-IP voice networks, AudioCodes empowers organizations to streamline unified communications (UC), enhance customer experience (CX), and adopt cloud-native technologies. Its innovative product portfolio includes IP phones, session border controllers (SBCs), digital and analog media gateways, multi-service business routers, and AI-driven voice applications.
Core Business Areas
AudioCodes operates at the intersection of unified communications, contact centers, and hosted business services. Leveraging its expertise in voice networking, the company provides solutions that integrate seamlessly with leading platforms like Microsoft Teams. Its offerings are categorized into:
- Unified Communications (UC): Solutions that enable enterprises to deploy and manage all-IP voice networks, including Microsoft Teams-certified devices and services.
- Customer Experience (CX): AI-first omnichannel contact center solutions, such as the Voca Conversational Interaction Center (Voca CIC), which integrate voice, email, and webchat for consistent customer engagement.
- Cloud-Native Services: Managed services like 'AudioCodes Live,' which provide end-to-end voice and collaboration solutions for Microsoft Teams, supporting both Operator Connect and Direct Routing.
- Conversational AI: Advanced AI-powered applications for contact centers, including intelligent call routing, voice analytics, and conversational IVR.
Revenue Model and Market Reach
AudioCodes generates revenue through a combination of direct product sales, subscription-based managed services, and licensing. Its strategic shift towards recurring revenue models, such as SaaS and UCaaS, underscores its commitment to long-term growth and customer retention. Geographically, the company derives the majority of its revenue from the Americas, with additional contributions from Europe, Israel, and the Far East.
Competitive Positioning
In a competitive landscape that includes players like Cisco, Avaya, and Zoom, AudioCodes differentiates itself through its deep integration with Microsoft Teams and its ability to deliver comprehensive, cloud-native communication solutions. Its emphasis on AI-driven productivity tools and omnichannel CX capabilities positions it as a leader in unified communications and customer experience markets.
Strategic Focus
AudioCodes is at the forefront of digital transformation, focusing on:
- Cloud Migration: Facilitating the transition from legacy systems to cloud-based architectures.
- AI Integration: Enhancing UC and CX workflows with conversational AI and analytics.
- Managed Services: Expanding its 'AudioCodes Live' platform to offer scalable, subscription-based solutions.
Why AudioCodes Matters
As enterprises increasingly adopt cloud-based communication platforms, AudioCodes plays a critical role in ensuring seamless integration, enhanced collaboration, and superior customer experiences. Its innovative solutions, trusted by Fortune 500 companies and tier-1 operators, make it a pivotal player in the digital workplace and unified communications ecosystem.
AudioCodes (NASDAQ: AUDC) announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2022. The report includes audited financial statements and can be accessed on the company’s website or requested in hard copy. The company specializes in advanced communications software and productivity solutions, serving enterprises and service providers globally. The filing represents a standard regulatory compliance step and allows investors to review AudioCodes' financial performance details.
AudioCodes (NASDAQ: AUDC) announced it will release its financial results for the first quarter of 2023 on May 9, 2023, before the market opens. The report will cover the period ending March 31, 2023, and will be disseminated via news wires and posted on the company's website.
A conference call is scheduled on the same day at 8:30 a.m. ET to discuss these results, hosted by CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can participate by phone or through a webcast. The replay will be available shortly after the call concludes.
AudioCodes provides advanced communications solutions for enterprises, specializing in IP voice networks, and serves multinational clients and tier-1 operators globally.
AudioCodes (NASDAQ: AUDC) announced that its first-quarter revenues for 2023 are projected to be lower than previous estimates, expected to range between
Non-GAAP diluted net income per share is anticipated to be between
AudioCodes reported a 6.9% year-over-year increase in Q4 2022 revenues, totaling $70.7 million, and a full-year revenue growth of 10.5% to $275.1 million. Q4 net income was $7.5 million ($0.23 per diluted share), slightly up from $7.3 million in Q4 2021. Non-GAAP net income for the quarter was $11.9 million ($0.36 per diluted share). The company declared an 18 cents per share cash dividend, totaling $5.7 million, payable on March 7, 2023. The share repurchase program saw the acquisition of 145,380 shares at a cost of $2.9 million.
AudioCodes (NASDAQ: AUDC) announced its plan to release Q4 and full-year 2022 financial results on February 7, 2023, before NASDAQ market opens. The results will reflect the period ending December 30, 2022. A conference call will take place the same day at 8:30 a.m. Eastern Time, featuring CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can join via phone or webcast. This announcement underscores the company's commitment to transparency and shareholder engagement in its financial performance.
FAQ
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