- AudioCodes (NASDAQ:AUDC): Q3 Non-GAAP EPS of $0.38 in-line; GAAP EPS of $0.24 in-line.
- Revenue of $63.4M (+12.1% Y/Y) beats by $0.97M.
- Press Release
- Non-GAAP gross margin was 69.9%
- Non-GAAP operating margin was 21.4%
- Net cash provided by operating activities was $13.0M for the quarter.
- "We continue to enjoy success in expanding our Voice.ai operations where bookings grew more than 100% year-over-year for both the three and nine month periods ended September 30, 2021. We now forecast Voice.ai bookings for 2021 to reach a level of $5M for the full year," says Shabtai Adlersberg, President and CEO.