AudioCodes Ltd. (AUDC) Declares $0.17 Semi-Annual Dividend; 1.1% Yield

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Go back to AudioCodes Ltd. (AUDC) Declares $0.17 Semi-Annual Dividend; 1.1% Yield

AudioCodes Reports Second Quarter 2021 Results and Declares Semi-Annual Dividend of 17 cents per share

July 27, 2021 2:00 AM EDT

LOD, Israel, July 27, 2021 /PRNewswire/ --

Second Quarter Highlights

Quarterly revenues increased by 13.2% year-over-year to $60.6 million; Quarterly service revenues increased by 32.8% year-over-year to $22.8 million. GAAP results:- Quarterly GAAP gross margin was 69.4%; - Quarterly GAAP operating margin was 16.7%; and- Quarterly GAAP net income was $8.2 million, or $0.24 per diluted share. Non-GAAP results:- Quarterly Non-GAAP gross margin was 69.7%;- Quarterly Non-GAAP operating margin was 22.4%; and- Quarterly Non-GAAP net income was $12.7 million, or $0.37 per... More