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AudioCodes Q3 Revenue Rises 4.2%, Beats Estimates by $700,000

AudioCodes Q3 Revenue Rises 4.2%, Beats Estimates by $700,000

Photo: TokenPost

AudioCodes Ltd. (AUDC) posted third-quarter revenue of $64.1 million, up 4.2% year over year and $700,000 above estimates, while non-GAAP earnings per share matched expectations at $0.16. Net cash provided by operating activities was $4.1 million during the quarter. Non-GAAP earnings per share is a per-share earnings measure calculated using a company’s non-GAAP methodology. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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