AudioCodes Ltd. (AUDC) Reports In-Line Q4 EPS
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AudioCodes Reports Fourth Quarter and Full Year 2021 Results and Declares Semi-Annual Dividend of 18 cents per share
February 1, 2022 2:00 AM ESTLOD, Israel, Feb. 1, 2022 /PRNewswire/ --
Fourth Quarter and Full Year 2021 Highlights
Quarterly revenues increased by 12.7% year-over-year to $66.1 million; full 2021 year revenues increased by 12.7% to $248.9 million. Quarterly service revenues increased by 16.2% year-over-year to $24.4 million; full 2021 year service revenues increased by 24.4% to $93.8 million. GAAP results:- Quarterly GAAP gross margin was 67.2%; - Quarterly GAAP operating margin was 14.0%; - Quarterly GAAP net income was $7.3 million, or $0.22 per diluted share; and- Full 2021 year GAAP net income was $33.8 million, or $1.00 per diluted share. Non-GAAP results:- Quarterly Non-GAAP gross margin was 67.6%;- Quarterly... More