AudioCodes (NASDAQ:AUDC – Get Free Report) announced its earnings results on Tuesday. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04), Zacks reports. AudioCodes had a net margin of 2.79% and a return on equity of 6.33%.
Here are the key takeaways from AudioCodes’ conference call:
- Revenue guidance was raised to $251 million–$256 million for 2026, while non-GAAP diluted EPS guidance was reiterated at $0.60–$0.75.
- Annual recurring revenue from Live managed services and VoiceAI reached $84 million at the end of Q2, up 20% year over year and double its level three years ago; backlog also rose 23% to nearly $90 million.
- VoiceAI revenue grew more than 50% year over year in the quarter and nearly doubled in the first half, keeping AudioCodes on track for 40%–50% full-year growth as enterprise virtual-agent and agent-assist deployments expand.
- Microsoft Teams activity remained healthy, with Q2 revenue up 5%, new opportunities up 14%, and signed opportunity value up 73% to more than $20 million; the company also highlighted new Microsoft certifications for its Voca CIC contact-center and AI voice-agent offerings.
- AudioCodes returned capital to shareholders through approximately $8.9 million of share repurchases during the quarter and declared a $0.20-per-share dividend totaling about $4.8 million.
AudioCodes Trading Up 7.4%
AUDC stock opened at $10.52 on Tuesday. The stock has a market cap of $267.84 million, a PE ratio of 42.06 and a beta of 0.96. AudioCodes has a 12 month low of $6.95 and a 12 month high of $10.47. The company has a 50-day moving average price of $9.61 and a 200 day moving average price of $8.77.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on AUDC
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of AUDC. Raymond James Financial Inc. purchased a new position in AudioCodes during the 2nd quarter valued at $43,000. Barclays PLC increased its stake in AudioCodes by 3,621.4% in the fourth quarter. Barclays PLC now owns 7,294 shares of the communications equipment provider’s stock worth $64,000 after purchasing an additional 7,098 shares during the period. Jump Financial LLC bought a new stake in shares of AudioCodes during the second quarter worth $127,000. NewEdge Advisors LLC purchased a new stake in shares of AudioCodes during the fourth quarter valued at $150,000. Finally, SIH Partners LLLP bought a new position in shares of AudioCodes in the third quarter worth about $170,000. Hedge funds and other institutional investors own 68.05% of the company’s stock.
AudioCodes Company Profile
AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.
Founded in 1993 and headquartered in Rosh Ha’Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.
Read More
- Five stocks we like better than AudioCodes
- GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics Stocks
- Tether Strikes Gold: Crypto’s Physical Pivot
- Jersey Mike’s Serves Fresh Gains After IPO Stumble
- 3 Drone Stocks That Should Soar After the Summer Slump
Receive News & Ratings for AudioCodes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioCodes and related companies with MarketBeat.com's FREE daily email newsletter.
