AudioCodes (AUDC) Q1 Earnings and Revenues Miss Estimates

AudioCodes (AUDC) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of$ 0.20 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15%. A quarter ago, it was expected that this communication components company would post earnings of$ 0.24 per share when it actually produced earnings of $0.28, delivering a surprise of 16.67%.Over the last four quar ...