AP NEWS
Click to copy
Click to copy
Related topics

AudioCodes: 2Q Earnings Snapshot

July 23, 2019

LOD, Israel (AP) _ AudioCodes Ltd. (AUDC) on Tuesday reported second-quarter earnings of $4.8 million.

On a per-share basis, the Lod, Israel-based company said it had profit of 16 cents. Earnings, adjusted for stock option expense and pretax expenses, were 22 cents per share.

The communication components company posted revenue of $49.5 million in the period.

AudioCodes shares have increased 66% since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUDC at https://www.zacks.com/ap/AUDC

All contents © copyright 2019 The Associated Press. All rights reserved.