Audiocodes reports third quarter 2024 results

Or yehuda, israel , nov. 6, 2024 /prnewswire/ --  third quarter highlights quarterly revenues decreased by 2.2% year-over-year to $60.2 million; quarterly service revenues increased by 6.4% year-over-year to $32.5 million; gaap results:- quarterly gaap gross margin was 65.2%;- quarterly gaap operating margin was 8.1%;- quarterly gaap ebitda was $5.9 million;- quarterly gaap net income was $2.7 million, or $0.09 per diluted share.  non-gaap results:- quarterly non-gaap gross margin was 65.6%;- quarterly non-gaap operating margin was 11.7%;- quarterly non-gaap ebitda was $7.9 million;- quarterly non-gaap net income was $4.9 million, or $0.16 per diluted share.
AUDC Ratings Summary
AUDC Quant Ranking