AudioCodes (AUDC) Q3 Earnings and Revenues Lag Estimates

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 ...