Welcome to our dedicated page for Audiocodes news (Ticker: AUDC), a resource for investors and traders seeking the latest updates and insights on Audiocodes stock.
AudioCodes Ltd. (NASDAQ, TASE: AUDC) regularly publishes news and updates covering its enterprise voice, unified communications, contact center and conversational AI activities. This news page aggregates company press releases and market announcements so readers can follow how AudioCodes develops and deploys its voice connectivity, Live managed services, voice CPaaS and AI-powered applications for enterprises and service providers.
Recent news items describe quarterly financial results, including revenues from products and services, non-GAAP metrics and details on share repurchase programs and cash dividends. AudioCodes also issues announcements about upcoming earnings release dates and related investor conference calls, which are typically webcast and accompanied by financial materials.
Product and solution updates are another key theme in AudioCodes news. The company has reported the launch of Meeting Insights On-Prem, an AI-powered on-premises meeting documentation solution for regulated and security-sensitive organizations, and the expansion of its Live Hub voice CPaaS with an AI Agents module for LLM-powered voice bots. News releases also highlight large-scale deployments of the Voca Conversational Interaction Center (Voca CIC) with partners, modernizing Conversational IVR and AI Voice Agent environments for major healthcare-related customers.
In addition, AudioCodes reports on certifications and partnerships, such as multiple Cloud Connect for Webex Calling certifications and the use of its Live Platform and SBC technology to deliver Webex Calling services. Visitors to this page can review these updates in one place, using them to understand AudioCodes’ financial trends, product evolution and role in unified communications, contact center and voice AI markets.
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AudioCodes (NASDAQ: AUDC) announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2022. The report includes audited financial statements and can be accessed on the company’s website or requested in hard copy. The company specializes in advanced communications software and productivity solutions, serving enterprises and service providers globally. The filing represents a standard regulatory compliance step and allows investors to review AudioCodes' financial performance details.
AudioCodes (NASDAQ: AUDC) announced it will release its financial results for the first quarter of 2023 on May 9, 2023, before the market opens. The report will cover the period ending March 31, 2023, and will be disseminated via news wires and posted on the company's website.
A conference call is scheduled on the same day at 8:30 a.m. ET to discuss these results, hosted by CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can participate by phone or through a webcast. The replay will be available shortly after the call concludes.
AudioCodes provides advanced communications solutions for enterprises, specializing in IP voice networks, and serves multinational clients and tier-1 operators globally.
AudioCodes (NASDAQ: AUDC) announced that its first-quarter revenues for 2023 are projected to be lower than previous estimates, expected to range between $58.5 million and $60 million, representing a 10% to 12% decline compared to Q1 2022.
Non-GAAP diluted net income per share is anticipated to be between $0.07 and $0.09, with net cash from operating activities estimated at $2 million to $3 million. The CEO, Shabtai Adlersberg, noted that financial results were affected by global economic uncertainty and reduced demand, particularly in the EMEA region, and indicated plans to revise 2023 guidance during the upcoming financial results call on May 9, 2023.
AudioCodes reported a 6.9% year-over-year increase in Q4 2022 revenues, totaling $70.7 million, and a full-year revenue growth of 10.5% to $275.1 million. Q4 net income was $7.5 million ($0.23 per diluted share), slightly up from $7.3 million in Q4 2021. Non-GAAP net income for the quarter was $11.9 million ($0.36 per diluted share). The company declared an 18 cents per share cash dividend, totaling $5.7 million, payable on March 7, 2023. The share repurchase program saw the acquisition of 145,380 shares at a cost of $2.9 million.