Audiocodes Ltd (AUDC) Tops Q4 EPS by 1c
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January 24, 2018 2:26 AM EST
LOD, Israel, Jan. 24, 2018 /PRNewswire/ --
Fourth Quarter and Full Year 2017 Highlights
       Quarterly revenues increased by 9.7% year-over-year to $41.4 million; full 2017 year revenues were $156.7 million compared to $145.6 million in 2016;
       Quarterly service revenues increased by 17.4% year-over-year to $13.4 million; full 2017 year service revenues were $49.3 million compared to $43.3 million in 2016;
       Quarterly UC-SIP revenues increased more than 15% year-over-year;
       Quarterly GAAP gross margin was 63.1%; quarterly Non-GAAP gross margin was 63.6%;
       Quarterly GAAP operating margin was 7.8%; quarterly Non-GAAP operating margin was 9.7%;
       Cash flow from operating activities was $8.4 million for the quarter and $17.8 million for the full year;
       Quarterly GAAP net...
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