AudioCodes: 4Q Earnings Snapshot

Associated Press
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LOD, Israel (AP) _ AudioCodes Ltd. (AUDC) on Tuesday reported a fourth-quarter loss of $8.2 million, after reporting a profit in the same period a year earlier.

The Lod, Israel-based company said it had a loss of 28 cents per share. Earnings, adjusted for one-time gains and costs, were 26 cents per share.

The communication components company posted revenue of $52.8 million in the period.

For the year, the company reported profit of $4 million, or 13 cents per share. Revenue was reported as $200.3 million.

AudioCodes shares have increased nearly 4% since the beginning of the year. The stock has more than doubled in the last 12 months.

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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

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