Audiocodes reports first quarter 2021 results

Lod, israel, april 27, 2021 /prnewswire/ -- first quarter highlights quarterly revenues increased by 13.1% year-over-year to $58.8 million; quarterly service revenues increased by 23.3% year-over-year to $21.8 million; gaap results:- quarterly gaap gross margin was 68.4%; - quarterly gaap operating margin was 17.2%; and- quarterly gaap net income was $10.0 million, or $0.29 per diluted share; non-gaap results:- quarterly non-gaap gross margin was 68.7%;- quarterly non-gaap operating margin was 22.5%; and- quarterly non-gaap net income was $12.7 million, or $0.37 per diluted share; net cash provided by operating activities was $13.0 million for the quarter. audiocodes declared a cash dividend of 16 cents per share.
AUDC Ratings Summary
AUDC Quant Ranking