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AudioCodes Ltd. (NASDAQ:AUDC) Q3 2023 Earnings Call Transcript

AudioCodes Ltd. (NASDAQ:AUDC) Q3 2023 Earnings Call Transcript November 2, 2023 AudioCodes Ltd. beats earnings expectations. Reported EPS is $0.25, expectations were $0.18. Operator: Greetings. Welcome to AudioCodes Third Quarter 2023 Earnings Conference Call. [Operator Instructions] I will now turn the conference over to your host, Mr. Roger Chuchen, VP of Investor Relations at AudioCodes. […]

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AudioCodes Ltd. (NASDAQ:AUDC) Q3 2023 Earnings Call Transcript

Operator: Greetings. Welcome to AudioCodes Third Quarter 2023 Earnings Conference Call. [Operator Instructions] I will now turn the conference over to your host, Mr.

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Audiocodes Ltd (AUDC) Q4 2020 Earnings Call Transcript

Operator
Greetings and welcome to AudioCodes' Fourth Quarter and Year-End 2020 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce Brett Maas from Hayden IR. Thank you, Brett. You may begin.
Brett Maas --
Investor Relations
Thank you. Hosting the call today are Shabtai Adlersberg, President and Chief Executive Officer; and Niran Baruch, Vice President of Finance and Chief Financial Officer.
Before we begin, I'd like to remind you that information provided during this call may contain forward-looking statements related to AudioCodes' business outlook, future economic performance, product introductions, plans and objectives related thereto, any statements assuming assumptions made or expectations as to future events, conditions, performance, or other matters are forward-looking statements as the term is defined under U.S. Federal Securities laws. Forward-looking statements are subject to various risks and uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties, and factors include but are not limited to, the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets, in particular shifts in supply and demand, market acceptance of new products and demand for existing products, the impact of competitive products and pricing on AudioCodes and its customers' products in markets, timing of products and technology developments, upgrades and the ability to manage changes in market conditions as needed, possible need for additional financing, the ability to satisfy covenants in the company's loan agreements, possible disruptions from acquisitions, the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes' business, possible adverse impact from COVID-19 pandemic on our business and the results of operations and other factors detailed in AudioCodes' filings with the U.S. Securities and Exchange Commission. AudioCodes assumes no obligation to update this information.

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AudioCodes Reports Fourth Quarter and Full Year 2020 Results

AudioCodes Reports Fourth Quarter and Full Year 2020 Results
USA - English
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Fourth Quarter and Full Year 2020 Highlights
Quarterly revenues increased by 11.1% year-over-year to $58.7 million; full 2020 year revenues increased by 10.2% to $220.8 million;
Quarterly service revenues increased by 19.9% year-over-year to $21 million; full 2020 year service revenues increased by 16.7% to $75.4 million; and
Quarterly and full 2020 year UC-SIP revenues increased more than 20% year-over-year.
GAAP results:
      o Quarterly GAAP operating margin was 20.7%;
      o Quarterly GAAP net income was $8.4 million, or $0.24 per diluted share; and
      o Full 2020 year GAAP net income was $27.2 million, or $0.83 per diluted share.
Non-GAAP results:
      o Quarterly Non-GAAP operating margin was 26.2%;

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Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2021

Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2021
WASHINGTON, Jan. 25, 2021 — The
Equipment Leasing and Finance Association (ELFA) which represents the nearly $1 trillion equipment finance sector, today revealed its
Top 10 Equipment Acquisition Trends for 2021. Given U.S. businesses, nonprofits and government agencies are expected to spend more than $1.8 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy.
ELFA President and CEO Ralph Petta said, “Not surprisingly, the effects of the COVID pandemic loom large in the list of trends this year. Despite upheaval throughout the economy, equipment acquisition continues to drive supply chains across all U.S. manufacturing and service sectors. Nearly eight in 10 of U.S. businesses use equipment leasing and financing to acquire the productive assets they need to operate and grow. We are pleased to again provide the Top 10 Equipment Acquisition Trends at a time when businesses need to understand the market environment more than ever to make their strategic equipment acquisition plans.”

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Zurückgehaltenes Missbrauchsgutachten: Pressegespräch im Erzbistum Köln abgebrochen

Zurückgehaltenes Missbrauchsgutachten: Pressegespräch im Erzbistum Köln abgebrochen
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Köln: Eklat bei Presserunde zu Missbrauch im Erzbistum

Köln: Eklat bei Presserunde zu Missbrauch im Erzbistum
t-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from t-online.de Daily Mail and Mail on Sunday newspapers.

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