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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.
Earnings
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.
Past Earnings Performance
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.
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Image and article originally from www.benzinga.com. Read the original article here.