AudioCodes AUDC reported its Q3 earnings results on Tuesday, October 26, 2021 at 02:00 AM.
Here's what investors need to know about the announcement.
Earnings
AudioCodes missed their estimated earnings by 2.56%, which did not surprise analysts.
Revenue was up $6,844,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 2.09% increase in the share price the next day.
Here's a look at AudioCodes's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.33 | 0.37 | 0.31 |
| EPS Actual | 0.37 | 0.37 | 0.44 | 0.38 |
| Revenue Estimate | 60.07M | 57.98M | 58.07M | 55.63M |
| Revenue Actual | 60.58M | 58.84M | 58.67M | 56.56M |
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