AudioCodes (AUDC) to Release Earnings on Wednesday

AudioCodes (NASDAQ:AUDC) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

AudioCodes Stock Performance

Shares of NASDAQ AUDC opened at $9.13 on Tuesday. The firm has a market cap of $275.88 million, a PE ratio of 20.29 and a beta of 0.86. The firm has a fifty day moving average of $9.63 and a 200 day moving average of $10.17. AudioCodes has a one year low of $8.71 and a one year high of $14.45.

Wall Street Analysts Forecast Growth

AUDC has been the subject of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $14.00 price target on shares of AudioCodes in a report on Wednesday, July 31st. StockNews.com raised shares of AudioCodes from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 11th.

AudioCodes Company Profile

AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace worldwide. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services.