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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.


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