AudioCodes (NASDAQ:AUDC) Posts Earnings Results, Beats Expectations By $0.09 EPS

AudioCodes (NASDAQ:AUDC) released its earnings results on Tuesday. The communications equipment provider reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09, Zacks reports. AudioCodes had a net margin of 4.99% and a return on equity of 8.85%. AudioCodes updated its FY 2025 guidance to EPS.

AudioCodes Stock Up 5.3 %

NASDAQ:AUDC opened at $10.66 on Wednesday. AudioCodes has a 12 month low of $7.70 and a 12 month high of $14.45. The firm has a market cap of $322.15 million, a price-to-earnings ratio of 26.65 and a beta of 0.80. The company’s 50 day moving average is $9.86 and its 200-day moving average is $9.80.

Wall Street Analyst Weigh In

AUDC has been the subject of a number of research reports. StockNews.com raised AudioCodes from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Barclays dropped their price target on AudioCodes from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Thursday, November 7th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $11.00 target price on shares of AudioCodes in a research report on Tuesday, January 21st.

About AudioCodes

AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace worldwide. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services.