AudioCodes: 1Q Earnings Snapshot
AIRPORT CITY LOD ISRAEL, Israel (AP) _ AudioCodes Ltd. (AUDC) on Monday reported first-quarter profit of $5.3 million.
The Airport City Lod Israel, Israel-based company said it had profit of 17 cents per share. Earnings, adjusted for stock option expense and pretax expenses, were 25 cents per share.
The communication components company posted revenue of $52 million in the period.
AudioCodes shares have dropped 10% since the beginning of the year. The stock has risen 38% in the last 12 months.