AudioCodes (AUDC) to Release Quarterly Earnings on Tuesday

AudioCodes (NASDAQ:AUDC) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, October 26th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

AudioCodes (NASDAQ:AUDC) last issued its quarterly earnings results on Monday, July 26th. The communications equipment provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $60.58 million during the quarter, compared to analyst estimates of $59.96 million. AudioCodes had a net margin of 14.31% and a return on equity of 21.02%. On average, analysts expect AudioCodes to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NASDAQ:AUDC opened at $33.93 on Friday. The company has a 50 day moving average of $32.76 and a 200-day moving average of $32.38. The firm has a market cap of $1.11 billion, a P/E ratio of 34.98, a P/E/G ratio of 2.16 and a beta of 0.59. AudioCodes has a twelve month low of $25.90 and a twelve month high of $37.00.

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, August 26th. Stockholders of record on Wednesday, August 11th were paid a $0.17 dividend. This is a positive change from AudioCodes’s previous Semi-Annual dividend of $0.16. This represents a dividend yield of 1%. The ex-dividend date was Tuesday, August 10th. AudioCodes’s dividend payout ratio is currently 29.57%.

AUDC has been the subject of a number of research analyst reports. Barclays initiated coverage on shares of AudioCodes in a research note on Thursday. They issued an “underweight” rating and a $32.00 price target for the company. Zacks Investment Research raised shares of AudioCodes from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 28th. Sidoti downgraded shares of AudioCodes from a “buy” rating to a “neutral” rating and set a $37.00 target price on the stock. in a report on Friday. Finally, Jefferies Financial Group downgraded shares of AudioCodes from a “buy” rating to a “hold” rating and boosted their target price for the stock from $32.00 to $38.00 in a report on Thursday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to, the company has a consensus rating of “Hold” and a consensus target price of $36.20.

AudioCodes Company Profile

AudioCodes Ltd. engages in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications.

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Earnings History for AudioCodes (NASDAQ:AUDC)

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