AudioCodes: Q2 Earnings Snapshot
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LOD, Israel (AP) — LOD, Israel (AP) — AudioCodes Ltd. (AUDC) on Tuesday reported second-quarter profit of $1.1 million.
The Lod, Israel-based company said it had profit of 3 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 16 cents per share.
The communication components company posted revenue of $60 million in the period.
AudioCodes shares have declined 44% since the beginning of the year. The stock has decreased 59% 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
