AudioCodes Ltd. (NASDAQ:AUDC) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Roger Chuchen - Vice President, Investor Relations Shabtai Adlersberg - President and Chief Executive Officer Niran Baruch - Vice President of Finance and Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company Billy Fitzsimmons - Jefferies Operator Greetings. Welcome to the AudioCodes Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a ...

Exhibit 1 AudioCodes Press Release | --- | --- | |-----------------------------------------------|------------------------------| | | | | P R E S S R E L E A S E | | | Company Contacts | | | Niran Baruch, | Roger L. Chuchen, | | Chief Financial Officer | VP, Investor Relations | | AudioCodes | AudioCodes | | Tel: +972-3-976-4000 | Tel: 732-764-2552 | | niran.baruch@audiocodes.com | roger.chuchen@audiocodes.com | AudioCodes Reports Third Quarter 2024 Results Or Yehuda, Israel – November 6, 2024 - AudioCodes ...

AudioCodes (AUDC) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -36%. A quarter ago, it was expected that this communication components company would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise.Over the last four quarters, the ...

OR YEHUDA, Israel, Nov. 6, 2024 /PRNewswire/ -- Third Quarter Highlights Quarterly revenues decreased by 2.2% year-over-year to $60.2 million; Quarterly service revenues increased by 6.4% year-over-year to $32.5 million; GAAP results:- Quarterly GAAP gross margin was 65.2%;- Quarterly GAAP operating margin was 8.1%;- Quarterly GAAP EBITDA was $5.9 million;- Quarterly GAAP net income was $2.7 million, or $0.09 per diluted share.  Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.6%;- Quarterly Non-GA ...

Meeting Insights' support for Microsoft Teams and Zoom unifies recap across UCaaS platforms and empowers enterprise-wide centralized collaboration OR YEHUDA, Israel, Oct. 28, 2024 /PRNewswire/ -- Highlights: Meeting Insights expands support to Zoom meetings, in addition to Microsoft Teams, providing a unified meeting intelligence solution across unified communications as a service (UCaaS) platforms. By supporting both Microsoft Teams and Zoom, Meeting Insights enables organizations to centralize insights fr ...

Core Viewpoint - AudioCodes is set to release its financial results for the third quarter of 2024 on November 6, 2024, before the market opens on NASDAQ, covering the period ended September 30, 2024 [1] Group 1: Financial Results Announcement - The financial results will be disseminated via news wires and posted on the corporate website [1] - A conference call to discuss the results will take place on November 6, 2024, at 8:30 a.m. Eastern Time, hosted by the President and CEO, Shabtai Adlersberg, and the CFO, Niran Baruch [1] Group 2: Investor Participation - Investors can listen to the call live by dialing specific numbers or via webcast on the AudioCodes investor website [2] - A replay of the call will be available on the investor website approximately two hours after the conference call concludes [2] Group 3: Company Overview - AudioCodes is a leading vendor of advanced communications software and products for the digital workplace, enabling enterprises to build and operate all-IP voice networks [4] - The company offers a wide range of innovative products and services used by large multinational enterprises and tier-1 operators globally [4]

AudioCodes (AUDC) shares soared 6.7% in the last trading session to close at $9.34. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.8% loss over the past four weeks.AudioCodes is likely to have benefited from the secular tailwinds related to IP-based communications. The uptrend is also expected to have been triggered by its continued focus on high-margin businesses, resulting in a faster-than-expected expansion in operating ma ...

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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, in ...