Core Viewpoint - AudioCodes has expanded its certified portfolio of voice solutions for Webex Calling, enhancing its offerings with new IP phones and analog gateways to facilitate seamless connectivity for users [2][6]. Group 1: Product Offerings - AudioCodes now offers certified solutions for Webex Calling, including PSTN connectivity via Cloud Connect and a range of certified IP phones and analog gateways [2][6]. - Three models from the AudioCodes 400HD business IP phone series (C450HD, 445HD, 425HD) are now certified for Webex Calling, providing a high-quality calling experience [6][7]. - The MediaPack analog gateways allow legacy devices such as desk phones and fax machines to connect to Webex Calling, facilitating a smoother transition for customers [4][6]. Group 2: Features and Benefits - The certified IP phones are designed for security and ease of use, featuring high-resolution screens, programmable keys, and centralized management through AudioCodes Device Manager and Webex Control Hub [3][6]. - The C450HD model is tailored for executives with a large 5" color touch screen and integrated Wi-Fi, while the 445HD and 425HD models cater to high-end and mid-range business needs respectively [7]. Group 3: Support and Services - AudioCodes provides a full suite of professional services and 24/7 global support to ensure successful implementations for partners and end customers [5].

Core Insights - AudioCodes reported a revenue increase of 2.2% year-over-year for Q3 2025, reaching $61.5 million compared to $60.2 million in Q3 2024 [2][6] - The company achieved a 50% growth in its Conversational AI (CAI) business, contributing to an Annual Recurring Revenue (ARR) of $75 million, a 25% year-over-year increase [8][9] - AudioCodes' strategic focus on AI-driven, hybrid cloud software and services is evident in its ongoing transformation and investment in high-growth areas [6][11] Financial Performance - EBITDA for Q3 2025 was $5.2 million, down from $5.9 million in Q3 2024; on a Non-GAAP basis, EBITDA was $6.9 million compared to $7.9 million [2][3] - Net income for Q3 2025 was $2.7 million, or $0.10 per diluted share, consistent with the previous year, while Non-GAAP net income was $4.9 million, or $0.17 per diluted share, up from $0.16 [3][6] - Cash and cash equivalents decreased to $79.7 million as of September 30, 2025, from $93.9 million at the end of 2024, primarily due to share repurchases and dividend payments [5][12] Business Segments - Services revenue for Q3 2025 was $30.9 million, accounting for 50.3% of total revenues, indicating a strong performance in service offerings [6] - The Live family of services for Unified Communications and Collaboration (UCC) and CAI business are identified as primary growth engines for the company [7][8] - The launch of the Live Platform has resulted in a significant agreement with a tier-1 system integrator, enhancing cross-selling opportunities [9] Shareholder Returns - The company declared a cash dividend of $0.20 per share, totaling approximately $5.6 million, paid on August 28, 2025 [12] - During Q3 2025, AudioCodes repurchased 1,267,436 ordinary shares at a cost of $12.7 million, reflecting its commitment to returning value to shareholders [6][12] Future Outlook - AudioCodes aims to achieve a full-year ARR target of $78-$82 million, supported by the growth in its CAI business and strategic investments [8][11] - The company has received court approval to repurchase up to $25 million of ordinary shares, valid through April 28, 2026, indicating ongoing confidence in its financial position [13]