AudioCodes (AUDC) Set to Announce Quarterly Earnings on Tuesday

AudioCodes (NASDAQ:AUDC) is scheduled to announce its earnings results before the market opens on Tuesday, July 23rd.

AudioCodes (NASDAQ:AUDC) last released its quarterly earnings results on Tuesday, April 30th. The communications equipment provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. The business had revenue of $46.58 million for the quarter. AudioCodes had a net margin of 7.82% and a return on equity of 19.48%.

AudioCodes stock opened at $16.00 on Monday. The company has a 50 day moving average of $15.62. The stock has a market cap of $469.55 million, a P/E ratio of 26.23 and a beta of 0.59. AudioCodes has a 1 year low of $7.99 and a 1 year high of $17.44. The company has a quick ratio of 1.37, a current ratio of 1.72 and a debt-to-equity ratio of 0.27.

Separately, BidaskClub downgraded shares of Xencor from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $9.00.

AudioCodes Company Profile

AudioCodes Ltd. designs, develops, and sells voice over IP (VoIP), converged VoIP, and data networking solutions, products, and applications for enterprise unified communications, contact centers, service provider business services, mobile VoIP, and cloud virtualized data centers worldwide. The company's products include IP phones, session border controllers (SBC), media gateways, multi-service business routers, huddle room solutions, managed IP Phones, and survivable branch appliances; CloudBond 365, an adaptable solution for the data center, customer premises or the branch; CloudBond 365 CCE appliances; User Management Pack 365, a software management application; VoIP management and routing, a suite of lifecycle applications for large scale cloud or premises-based unified communications deployments.

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Earnings History for AudioCodes (NASDAQ:AUDC)

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