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.
AudioCodes (NASDAQ: AUDC) announced it will release its Third Quarter 2022 financial results on November 2, 2022, before the market opens. The results will cover the period ending September 30, 2022, and will be available via news wires and on their corporate website. A conference call is scheduled for 8:30 a.m. ET on the same day, hosted by CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can join the call through phone or webcast. The company emphasizes its commitment to advanced communication solutions for digital workplaces.
AudioCodes reported a 12.9% increase in quarterly revenues to $68.4 million for Q2 2022, driven by a 21.9% rise in service revenues. GAAP net income stood at $6.9 million, or $0.21 per diluted share, down from $8.2 million in Q2 2021. Non-GAAP net income was $11.3 million, or $0.34 per diluted share. The company announced a cash dividend of 18 cents per share, payable on August 31, 2022, with a total dividend payout of $5.7 million.
AudioCodes (NASDAQ: AUDC) will announce its Second Quarter 2022 financial results on August 2, 2022, before the market opens. The results will cover the period ending on June 30, 2022. A conference call for discussing the results will occur on the same day at 8:30 a.m. ET, hosted by AudioCodes' leadership team. Investors can access the call via phone or webcast. Forward-looking statements regarding business outlook are included, highlighting risks and uncertainties affecting future performance.
AudioCodes (NASDAQ: AUDC) reported a strong first quarter for 2022, with revenues of $66.4 million, up 12.8% year-over-year. Service revenues increased significantly by 26.2% to $27.5 million. The GAAP net income was $8.6 million, translating to $0.26 per diluted share. Non-GAAP net income was $11.2 million or $0.33 per diluted share. Cash provided by operations was $938,000, while $20.9 million was spent on share repurchases. AudioCodes declared an 18-cent cash dividend, totaling $5.8 million, paid to shareholders on March 1, 2022.
AudioCodes has been approved as a partner for Microsoft's Operator Connect Accelerator, enhancing service providers' onboarding and operations. The AudioCodes Live Cloud is a multi-tenant, white label SaaS solution that simplifies customer connectivity to Microsoft Teams via Operator Connect and Direct Routing. It exceeds Microsoft's SLA and quality metrics, streamlining the certification process for service providers. This flexible solution includes session border controllers and is available as a managed service or pure SaaS model.
AudioCodes (NASDAQ: AUDC) announced the release of its First Quarter 2022 financial results on May 2, 2022, before the market opens. The results will cover the period ending March 31, 2022. Following this, at 8:30 a.m. ET, a conference call will be held, led by CEO Shabtai Adlersberg and CFO Niran Baruch. Investors can access the live call at the provided phone numbers or through the investor website. A replay will be available two hours post-call. For more details, please visit AudioCodes' corporate website.
AudioCodes has introduced Live Express, a new SaaS solution enhancing partners' management of Microsoft Teams connectivity to the PSTN. This service simplifies onboarding with Direct Routing and includes a portal for end customers to manage their connectivity. Live Express aims to reduce infrastructure costs while providing automated management tools for daily operations. It is available across multiple global regions, allowing partners to offer Microsoft Teams voice calling without significant investment.
AudioCodes, a leader in advanced communication solutions, has been recognized by Omdia as the top vendor for enterprise session border controllers (SBCs) with an 18.5% market share in 2021. This achievement reflects AudioCodes' robust performance in the SBC sector, driven by the growth of unified communication services such as Microsoft Teams and Zoom Phone. Their Mediant SBCs facilitate seamless, secure communication while supporting a range of cloud and on-premises deployments, demonstrating a strong alignment with current market demands.
AudioCodes (NASDAQ: AUDC) has partnered with Colt to deliver Microsoft Operator Connect, enhancing Colt's existing Direct Routing solution. This collaboration utilizes AudioCodes Live Cloud for a multi-tenant management portal aimed at streamlining customer onboarding. Colt customers can now select Colt as an operator in Microsoft Teams, with services supported by 24/7 monitoring and direct peering through Microsoft Azure for improved reliability. This strategic partnership aims to boost productivity for enterprises in the hybrid work environment.
AudioCodes reported a strong financial performance for Q4 and the full year 2021, with revenues rising by 12.7% year-over-year to $66.1 million in Q4 and $248.9 million for the full year. Service revenues saw a remarkable increase of 24.4% to $93.8 million. GAAP net income for Q4 was $7.3 million ($0.22 per share), while full-year net income reached $33.8 million ($1.00 per share). The company declared a $0.18 dividend per share, totaling $5.8 million, payable on March 1, 2022.