AudioCodes (AUDC) Q1 Earnings Miss Estimates

AudioCodes (AUDC) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this communication components company would post earnings of $0.24 per share when it actually produced earnings of $0.37, delivering a surprise of 54.17%.Over the last four q ...