AudioCodes Reports Fourth Quarter and Full Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
AudioCodes Ltd. (AUDC) Tops Q4 EPS by 2c, Revenues Beat
January 28, 2020 6:16 AM ESTAudioCodes Ltd. (NASDAQ: AUDC) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $52.8 million versus the consensus estimate of $51.95 million.
Fourth Quarter and Full Year 2019 Highlights
Quarterly revenues increased by 15.3% year-over-year to $52.8 million; full 2019 year revenues increased by 13.7% to $200.3 million;Quarterly service revenues increased by 15.9% year-over-year to $17.5 million; full 2019 year service revenues increased by 14.7% to $64.6 million;Quarterly and full 2019 year UC-SIP revenues increased more than 20% year-over-year;AudioCodes entered into a royalty buyout agreement with the Israel National Authority for Technology and... More