Audiocodes (AUDC) Announces 4M Share Buyback; Guides Q3, Cuts FY11 Outlook
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Audiocodes (Nasdaq: AUDC) announces a share buyback for up to 4 million Ordinary shares.
Sees Q3 sales $36-$37 million, which compares to the Street estimate of $43.55 million.
Cuts its FY11 sales guidance from $167-$174 million to $155-$162 million, which compares to the Street estimate of $171.5 million.
Sees Q3 sales $36-$37 million, which compares to the Street estimate of $43.55 million.
Cuts its FY11 sales guidance from $167-$174 million to $155-$162 million, which compares to the Street estimate of $171.5 million.
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