AudioCodes jumps post-earnings; BroadSoft strikes deal with Sprint

|About: AudioCodes Ltd. (AUDC)|By:, SA News Editor

AudioCodes (AUDC +11%) is shooting higher after posting roughly in-line Q4 results and issuing solid guidance on its CC (webcast). The VoIP hardware/software provider expects 2014 revenue of $148M-$152M and EPS of $0.18-$0.22; the sole analyst covering the company has been forecasting revenue of $148.6M and EPS of $0.20.

Peer BroadSoft (BSFT +6.3%) is also rallying, thanks in part to a deal with Sprint. Sprint plans to use BroadSoft's BroadWorks VoIP app server/platform to offer unified communications services to its mobile users. The deployment comes ahead of Sprint's launch of VoLTE 4G voice services.

BroadSoft's Q4 results are due on Feb. 28.