AudioCodes (NASDAQ:AUDC) will be announcing its earnings results before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

AudioCodes (NASDAQ:AUDC) last released its quarterly earnings data on Wednesday, October 25th. The communications equipment provider reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $39.20 million during the quarter, compared to the consensus estimate of $39.20 million. AudioCodes had a return on equity of 8.33% and a net margin of 11.84%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.08 earnings per share. On average, analysts expect AudioCodes to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of AudioCodes (NASDAQ AUDC) opened at $7.28 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.69 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $234.57, a PE ratio of 13.48 and a beta of 0.31. AudioCodes has a fifty-two week low of $5.83 and a fifty-two week high of $8.43.

Several analysts recently weighed in on AUDC shares. William Blair restated a “buy” rating on shares of AudioCodes in a report on Wednesday, October 25th. Zacks Investment Research downgraded shares of AudioCodes from a “buy” rating to a “hold” rating in a report on Monday, September 25th. Finally, Needham & Company LLC boosted their target price on shares of AudioCodes from $8.00 to $8.50 and gave the stock a “buy” rating in a report on Thursday, October 26th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. AudioCodes has a consensus rating of “Buy” and an average target price of $7.67.

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AudioCodes Company Profile

AudioCodes Ltd. designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications (UC) and Contact Center (CC) services. The Company categorizes its products and services into two main business lines: network and technology.

Earnings History for AudioCodes (NASDAQ:AUDC)

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