AudioCodes

AudioCodes Ltd. is engaged in the provision of communications software, products and productivity solutions for the digital workplace. The firm involves in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, meeting rooms, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications. The company was founded by Shabtai Adlersberg in 1992 and is headquartered in Lod, Israel.

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AudioCodes reports solid Q4 performance, eyes growth through tech innovation

AudioCodes delivered strong financial results, driven by diversified revenue streams and operational efficiency.
Strategic focus on emerging technologies like VoiceAI and partnerships with industry leaders position the company for future growth.
Challenges in OEM business and contact center transitions require proactive strategies, while opportunities in cloud migration and AI offer avenues for expansion.

AudioCodes Q1 2023: Resilient Growth Amid Economic Challenges and Cost Optimization

AudioCodes faced challenges from the global economic slowdown but showed resilience with strong growth in UCaaS and CCaaS areas.
The company's focus on cost-saving measures and workforce optimization aims to significantly improve financial results by 2024.
Despite economic uncertainties, AudioCodes maintains a solid cash position and sees opportunities in expanding its Microsoft business and managed services.

AudioCodes (AUDC) reports solid Q2 results, eyes strategic growth

AudioCodes (AUDC) demonstrates confidence in financial performance and strategic direction.
Strong emphasis on growth in Microsoft-related business and Live managed services.
Challenges include addressing market uncertainties and optimizing expense control.

AudioCodes reports resilient Q3 earnings, eyes software growth opportunities

AudioCodes delivered solid financial performance in Q3 2023, driven by enterprise business growth and operational efficiency.
The company's strategic focus on software and services, alongside innovation in AI and service offerings, positions it for future success.
Challenges in the service provider segment and competitive pressures highlight the need for targeted strategies and market differentiation.
With a strong balance sheet, raised earnings guidance, and a long-term transformation plan, AudioCodes is poised for sustained growth and margin improvement.

AudioCodes reports Q4 revenue growth, eyes UCaaS and CX expansion

AudioCodes delivered mixed financial results for Q4 2023, with revenue growth but a decline in full-year revenues compared to 2022.
The company showcased strengths in key segments like UCaaS, customer experience, and conversational AI, with notable contract wins.
Challenges include revenue decline and potential market competition, while opportunities exist in market expansion and innovation.
Strategic focus on growth areas and operational efficiency will be crucial for AudioCodes to navigate market dynamics and drive future success.

AudioCodes reports steady Q1 earnings, eyes growth in strategic areas

AudioCodes delivered stable Q1 results with a focus on strategic growth areas and cost-saving initiatives.
Challenges in legacy business underscore the need for continued adaptation to evolving market trends.
Opportunities in recurring revenue models and service-focused growth areas position the company for future success.
Overall, AudioCodes' financial performance and strategic direction reflect a balanced approach towards sustainable growth.

AudioCodes reports solid Q2 earnings, eyes growth in innovative services

AudioCodes demonstrated strong financial performance in Q2 2024, with positive revenue and income figures.
The company's focus on growth in key business segments and innovative services positions them well for future success.
While facing challenges in legacy products and market acceptance, AudioCodes has opportunities for growth and profitability.
Strategic emphasis on newer technologies and platforms can drive revenue growth and enhance shareholder value.

AudioCodes reports solid Q3 earnings, eyes growth amid challenges

AudioCodes delivered a strong financial performance in Q3 2024, with robust revenues and improved profitability.
The company's focus on non-GAAP financials, strong cash position, and shareholder-friendly actions are notable strengths.
Challenges include maintaining growth momentum, managing expenses, and adapting to market dynamics.
Opportunities for AudioCodes include expanding services, strategic partnerships, innovation, and capitalizing on industry trends.

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AudioCodes Ltd. engages in the provision of communications software, products and productivity solutions for the digital workplace. The firm is involved in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, meeting rooms, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications. The company was founded by Shabtai Adlersberg in 1992 and is headquartered in Lod, Israel.

LOD, Israel , Aug. 2, 2022 /PRNewswire/ -- Second Quarter Highlights Quarterly revenues increased by 12.9% year-over-year to $68.4 million. Quarterly service revenues increased by 21.9% year-over-year to $27.8 million.

AudioCodes Reports Second Quarter 2022 Results and Declares Semi-Annual Dividend of 18 cents per share

LOD, Israel , July 5, 2022 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Second quarter 2022 on Tuesday, August 2, 2022, before the market open on NASDAQ, reflecting the quarterly period ended June 30, 2022. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Announces Second Quarter 2022 Reporting Date

AudioCodes Ltd. (NASDAQ:AUDC ) Q1 2022 Earnings Conference Call May 2, 2022 8:30 AM ET Company Participants Roger Chuchen - Vice President of Investor Relations Shabtai Adlersberg - President & Chief Executive Officer Niran Baruch - Vice President of Finance & Chief Financial Officer Dmitry Netis - Chief Strategy Officer and Head of Corporate Development Conference Call Participants Greg Burns - Sidoti and Company Jack McGuire - Barclays Ryan Koontz - Needham & Company, LLC Madeline Brooks - Bank of America Tal Liani - Bank of America Operator Good day, ladies and gentlemen and welcome to AudioCodes' First Quarter 2022 Earnings Conference Call.

AudioCodes Ltd. (AUDC) CEO Shabtai Adlersberg on Q1 2022 Results - Earnings Call Transcript

LOD, Israel, May 2, 2022 /PRNewswire/ -- First Quarter Highlights Quarterly revenues increased by 12.8% year-over-year to $66.4 million. Quarterly service revenues increased by 26.2% year-over-year to $27.5 million.

AudioCodes Reports First Quarter 2022 Results

AudioCodes Live Cloud accelerates Operator Connect onboarding and operations for service providers LOD, Israel , April 25, 2022 /PRNewswire/ -- Highlights AudioCodes Live Cloud is a white label, multi-tenant, SaaS solution certified for the Microsoft Operator Connect Accelerator AudioCodes Live Cloud meets and exceeds Microsoft's SLA and quality metrics standards, accelerating the certification and verification approval required by Microsoft  By leveraging AudioCodes Live Cloud, service providers can offer both Microsoft Operator Connect and Direct Routing connectivity to their customers, simplifying the process of connecting enterprise voice services to Microsoft Teams AudioCodes Live Cloud includes multi-tier management for the service provider and a complete customer self-service portal for increased automation and guaranteed SLAs AudioCodes Live Cloud is offered as a managed solution hosted in the service provider's data center or public cloud, or as a pure SaaS solution, and includes AudioCodes' market-leading session border controllers (SBCs) certified by Microsoft for Direct Routing and Operator Connect Details AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it has been approved as a partner for Microsoft's Operator Connect Accelerator. AudioCodes can now offer service providers simplified customer onboarding and operation through the AudioCodes Live Cloud solution, enabling operators to sell voice services via the Microsoft Teams Operator Connect Marketplace.

AudioCodes Is an Approved Partner for Microsoft's Operator Connect Accelerator

LOD, Israel, April 4, 2022 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its First quarter 2022 on Monday, May 2, 2022, before the market open on NASDAQ, reflecting the quarterly period ended March 31, 2022. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Announces First Quarter 2022 Reporting Date

LOD, Israel, March 21, 2022 /PRNewswire/ -- Highlights AudioCodes Live Express is a new SaaS solution that enables partners to onboard and manage their business customers' Microsoft Teams connectivity to the PSTN The new solution includes Direct Routing for PSTN connectivity and management automation to simplify daily operations for partners and their customers Partners can swiftly onboard new customers using the solution's portal and automation capabilities, thus providing connectivity of the customer's trunks to Microsoft Teams, control of dial plans and advanced call policies management The service also provides a customer portal enabling moves, adds, changes and deletes by the end customer Partners can offer Live Express while reducing their investment in infrastructure, technical skills and support efforts Details AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced the launch of AudioCodes Live Express, a new SaaS solution for enabling partners to onboard and manage their business customers' Microsoft Teams connectivity to the PSTN. This innovative service includes Direct Routing functionality and a suite of management automation tools to simplify all the daily operation scenarios that partners and their customers are likely to encounter.

AudioCodes Live Express Simplifies Direct Routing Onboarding and Management for Microsoft Teams Partners

LOD, Israel, March 16, 2022 /PRNewswire/ -- Highlights In its Enterprise SBCs and VoIP Gateways Market Tracker – 4Q21 Analysis report, Omdia ranked AudioCodes as the market leader for 2021 with a worldwide revenue share of 18.5% AudioCodes was also ranked by Omdia as the leading vendor in the same category for 4Q21 AudioCodes Mediant SBCs enable seamless and secure Direct Routing for Microsoft Teams and bring-your-own-carrier (BYOC) for Zoom Phone, Genesys Cloud CX and other leading unified communications (UC) and contact center solutions Mediant SBCs are the foundation of the AudioCodes Live offering, a portfolio of managed services that streamline the integration of UC and contact center solutions with SIP trunk services globally The Mediant family of SBCs includes scalable, virtualized and cloud-native SBCs that can be deployed in either public or private clouds, as well as on-premises Details AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it has been ranked as the leading vendor for enterprise session border controller (SBC) revenue for 4Q21 and the whole of 2021 by market research firm Omdia. In its Enterprise SBCs and VoIP Gateways Market Tracker – 4Q21 Analysis report, Omdia revealed that AudioCodes had achieved the highest worldwide SBC revenue share with 18.5% for the year.

AudioCodes Ranked the Leading Enterprise SBC Vendor in 2021 by Omdia

LOD, Israel, March 14, 2022 /PRNewswire/ -- Highlights AudioCodes and Colt have partnered to deliver Microsoft Operator Connect while extending Colt's existing Direct Routing solution Colt also leveraged AudioCodes Live Cloud to deliver a multi-tenant, multi-tier management portal for streamlining the onboarding of end customers Colt customers can select Colt in Microsoft Operator Connect as a valid operator and connect to Colt calling services via the Microsoft Teams admin center Colt's integration with Microsoft Operator Connect is backed up by 24/7 monitoring from AudioCodes and direct peering through Microsoft Azure, exchanging traffic directly between the networks for enhanced reliability Details AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced a partnership with Colt to deliver Microsoft Operator Connect to customers through Colt calling services, while extending Colt's existing Direct Routing solution built using AudioCodes' Microsoft-certified session border controllers. In addition, Colt leveraged the AudioCodes Live Cloud SaaS solution to provide their resellers and customers with a multi-tenant, multi-tier management portal for streamlining end customer onboarding, and to enable them to offer a complete connectivity solution for Microsoft Teams Phone System.

Colt and AudioCodes Partner to Deliver Microsoft Operator Connect

The stock price of AudioCodes Ltd. (NASDAQ: AUDC) increased by 2.23% in the most recent trading session.

AudioCodes (AUDC): Why The Price Went Up

AudioCodes Ltd. (AUDC) CEO Shabtai Adlersberg on Q4 2021 Results - Earnings Call Transcript

AudioCodes (AUDC) delivered earnings and revenue surprises of 0% and 1.35%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

AudioCodes (AUDC) Meets Q4 Earnings Estimates

AudioCodes Ltd AUDC reported fourth-quarter FY21 revenue growth of 12.7% year-on-year to $66.1 million, beating the consensus of $65.5 million. Product revenue rose 10.7% Y/Y to $41.7 million, while Services revenue grew 16.2% Y/Y to $24.4 million.

AudioCodes Q4 Top-Line Beats Consensus; Declares Dividend

LOD, Israel, Feb. 1, 2022 /PRNewswire/ -- Fourth Quarter and Full Year 2021 Highlights Quarterly revenues increased by 12.7% year-over-year to $66.1 million; full 2021 year revenues increased by 12.7% to $248.9 million. Quarterly service revenues increased by 16.2% year-over-year to $24.4 million; full 2021 year service revenues increased by 24.4% to $93.8 million.

AudioCodes Reports Fourth Quarter and Full Year 2021 Results and Declares Semi-Annual Dividend of 18 cents per share

AudioCodes (AUDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: AudioCodes (AUDC) Q4 Earnings Expected to Decline

LOD, Israel, Jan. 24, 2022 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and services to increase productivity in the digital workplace, today announced the appointment of Mr. Dmitry Netis as Chief Strategy Officer effective immediately.

AudioCodes Appoints Chief Strategy Officer

LOD, Israel, Jan. 10, 2022 /PRNewswire/ -- Highlights AudioCodes Live Cloud is a white label, multi-tenant, SaaS solution that allows service providers (or their resellers) to quickly and easily onboard customers to Microsoft Teams voice AudioCodes Live Cloud includes multi-tier management for the service provider and a complete customer self-service portal for increased automation and guaranteed SLAs By leveraging AudioCodes Live Cloud, service providers can offer both Microsoft Operator Connect via API integration and Direct Routing SBC connectivity to their customers, simplifying the process of connecting enterprise voice services to Microsoft Teams AudioCodes' market-leading session border controllers (SBCs) underpin AudioCodes Live Cloud, and are certified for Direct Routing and support Microsoft Operator Connect AudioCodes Live Cloud is offered as a managed solution hosted in the service provider's data center or cloud account, or as a pure SaaS solution Beyond voice connectivity, service providers can add further value to their customers' Microsoft Teams experience with certified IP phones, meeting room devices, conversational IVR, call recording and meeting productivity tools from AudioCodes Details AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced the addition of Microsoft Operator Connect integration and a multi-tier customer portal to its Live Cloud offering. AudioCodes Live Cloud, a white label, multi-tenant SaaS solution, enables service providers to rapidly onboard their customers to Microsoft Teams voice services either through Microsoft Operator Connect or Direct Routing connectivity.

AudioCodes Simplifies Microsoft Operator Connect Customer Onboarding for Service Providers

LOD, Israel, Jan. 4, 2022 /PRNewswire/ -- AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced that it will release financial results for its Fourth quarter and full year 2021 on Tuesday, February 1 st, 2022, before the market open on NASDAQ, reflecting the quarterly period ended December 31, 2021. AudioCodes' financial results will be released over the news wires and will also be posted on its corporate website.

AudioCodes Announces Fourth Quarter and Full Year 2021 Reporting Date

LOD, Israel, Nov. 15, 2021 /PRNewswire/ -- Highlights Callverso is a leading provider of Conversational AI solutions and NLU technology in Israel Callverso's virtual customer agent (VICA) solution excels at automating customer call handling via virtual agents, improving customer service and reducing contact center costs Callverso virtual customer agent (VICA) is deployed at Clalit Health Services contact center where it  handled successfully over 14 millions calls in 2020. VICA is deployed at another Israeli leading health services provider and a utility provider.

AudioCodes Acquires Callverso, a provider of Conversational AI solutions for Contact Centers

AudioCodes Ltd (NASDAQ: AUDC) reported third-quarter FY21 revenue growth of 12.1% year-on-year to $63.4 million, beating the consensus of $62.5 million. Product revenue rose 4.4% Y/Y to $38.6 million, while Services revenue grew 26.7% Y/Y to $24.8 million.

AudioCodes Reported Mixed Q3 Performance

AudioCodes Ltd's (AUDC) CEO Shabtai Adlersberg on Q3 2021 Results - Earnings Call Transcript

AudioCodes (AUDC) delivered earnings and revenue surprises of 0.00% and 1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

AudioCodes (AUDC) Meets Q3 Earnings Estimates

AudioCodes (NASDAQ:AUDC) reported its Q3 earnings results on Tuesday, October 26, 2021 at 02:00 AM. Here's what investors need to know about the announcement.

AudioCodes: Q3 Earnings Insights

LOD, Israel, Oct. 26, 2021 /PRNewswire/ -- Third Quarter Highlights Quarterly revenues increased by 12.1% year-over-year to $63.4 million; Quarterly service revenues increased by 26.7% year-over-year to $24.8 million. GAAP results:- Quarterly GAAP gross margin was 69.6%; - Quarterly GAAP operating margin was 15.8%; and- Quarterly GAAP net income was $8.3 million, or $0.24 per diluted share.

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