AudioCodes: Q3 Earnings Insights

AudioCodes AUDC reported its Q3 earnings results on Wednesday, November 2, 2022 at 03:00 AM.

Here's what investors need to know about the announcement.

AudioCodes missed estimated earnings by 5.88%, reporting an EPS of $0.32 versus an estimate of $0.34.

Revenue was up $6.31 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 2.91% drop in the share price the next day.

Here's a look at AudioCodes's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.34	0.36	0.39	0.39
EPS Actual	0.34	0.33	0.39	0.38
Revenue Estimate	68.33M	66.29M	65.50M	62.46M
Revenue Actual	68.36M	66.36M	66.10M	63.41M

To track all earnings releases for AudioCodes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.