Audiocodes Ltd (AUDC) Tops Q4 EPS by 2c
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AudioCodes Reports Fourth Quarter and Full Year 2015 Results
January 26, 2016 2:31 AM ESTLOD, Israel, Jan. 26, 2016 /PRNewswire/ --
Fourth Quarter and Full Year 2015 Highlights:
Quarterly revenues increased by 4.2% over the previous quarter to $35.6 million; full year 2015 revenues totaled $139.8 million; Quarterly service revenues increased by 3.4% over the previous quarter to $9.9 million; full year 2015 service revenues totaled $37.8 million. Quarterly Non-GAAP gross margin was a record 60.5%; Full Year 2015 Non-GAAP gross margin totaled 60.0%; Quarterly Non-GAAP operating margin grew to a record 8.9%; Quarterly Non-GAAP net income was $2.8 million, or $0.07 per diluted share; full year 2015 Non-GAAP net income was $5.9 million, or $0.14 per diluted share;... More