AudioCodes Analysts Boost Their Forecasts Following Better-Than-Expected Earnings

AudioCodes Ltd. (NASDAQ:AUDC) reported better-than-expected fourth-quarter earnings on Tuesday.

The company posted quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $61.554 million which beat the analyst consensus estimate of $61.510 million.

“I am pleased to report solid fourth quarter performance, with healthy growth in key business lines, taking us further on our transformative evolution to a cloud software and services company,” ...

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