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AudioCodes: 4Q Earnings Snapshot

LOD, Israel (AP) _ AudioCodes Ltd. (AUDC) on Monday reported fourth-quarter net income of $4.5 million.

On a per-share basis, the Lod, Israel-based company said it had profit of 15 cents. Earnings, adjusted for stock option expense and pretax expenses, were 20 cents per share.

The communication components company posted revenue of $45.8 million in the period.

For the year, the company reported profit of $13.5 million, or 45 cents per share. Revenue was reported as $176.2 million.

AudioCodes shares have climbed 35 percent since the beginning of the year. The stock has increased 73 percent 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