AudioCodes Reports First Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
AudioCodes Ltd. (AUDC) Reports Q1 EPS of $0.18, Revenues Beat
April 30, 2019 5:58 AM EDTAudioCodes Ltd. (NASDAQ: AUDC) reported Q1 EPS of $0.18, versus $0.13 reported last year. Revenue for the quarter came in at $46.6 million versus the consensus estimate of $45.7 million.
Quarterly revenues increased by 9.8% year-over-year to $46.6 million; Quarterly service revenues increased by 3.4% year-over-year to $14.1 million;Quarterly UC-SIP booking increased approximately 15% year-over-year;Quarterly GAAP gross margin percentage was 62.8%; quarterly Non-GAAP gross margin percentage was 63.0%;Quarterly GAAP operating margin percentage was 9.7%; quarterly Non-GAAP operating margin... More