AudioCodes Non-GAAP EPS of $0.32 misses by $0.03, revenue of $69.7M misses by $0.71M

Nov. 02, 2022 3:04 AM ETAudioCodes Ltd. (AUDC)By: Meghavi Singh, SA News Editor
  • AudioCodes press release (NASDAQ:AUDC): Q3 Non-GAAP EPS of $0.32 misses by $0.03.
  • Revenue of $69.7M (+9.9% Y/Y) misses by $0.71M.
  • Quarterly Non-GAAP gross margin was 63.2%.
  • Quarterly Non-GAAP operating margin was 15.5%.
  • Net cash provided by operating activities was $2.1M for the quarter.
  • AudioCodes Live for Microsoft Teams managed services continued to grow and reached a level of $28M ARR, nearly 100% growth over the year ago period, putting us well on track to achieve our 2022 target of over $30M.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.