LOD, Israel (AP) _ AudioCodes Ltd. (AUDC) on Tuesday reported first-quarter profit of $3 million.
On a per-share basis, the Lod, Israel-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.
The communication components company posted revenue of $46.6 million in the period.
AudioCodes shares have climbed 68% since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUDC at https://www.zacks.com/ap/AUDC