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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 f ....

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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 producti ....

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AudioCodes Reports Fourth Quarter and Full Year 2020 Results

AudioCodes Reports Fourth Quarter and Full Year 2020 Results
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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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Zurückgehaltenes Missbrauchsgutachten: Pressegespräch im Erzbistum Köln abgebrochen

Zurückgehaltenes Missbrauchsgutachten: Pressegespräch im Erzbistum Köln abgebrochen
aachener-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aachener-zeitung.de Daily Mail and Mail on Sunday newspapers.

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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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