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Audiocodes (AUDC)
NASDAQ:AUDC
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.18Last Year’s EPS
0.17Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 14.76%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a mix of achievements and challenges. There was notable growth in key business segments such as services, Microsoft business, and Voice AI, indicating positive momentum. However, overall revenue declined slightly for the year, and there were increased expenses impacting profitability. The company is optimistic about future growth, especially in the AI-driven value-added services sector.Company Guidance
During the fourth quarter 2024 earnings call, AudioCodes provided guidance for the full year 2025, projecting revenues in the range of $246 million to $254 million and non-GAAP EBITDA between $34 million and $38 million. The company reported fourth-quarter revenues of $61.6 million, a 2.2% increase over the previous quarter, with full-year 2024 revenues totaling $242.2 million, a slight decrease of 0.9% from 2023. Services revenues grew significantly, reaching $34.2 million in the fourth quarter, marking a 5.4% increase from the third quarter, and accounted for 55.6% of total revenues. Gross margins for the quarter were 66.2%, and the operating income was $4.1 million. The non-GAAP net income for the fourth quarter was $11.6 million, translating to $0.37 per diluted share. The company also emphasized its strategic shift towards AI-driven value-added services, expecting growth in its Voice AI segment.Increase in Q4 2024 Revenue
Revenues for the fourth quarter were $61.6 million, an increase of 2.2% over the $60.2 million reported in the third quarter.
Growth in Services Revenue
Services revenues for the fourth quarter were $34.2 million, an increase of 5.4% over the $32.5 million reported in the third quarter, accounting for 55.6% of total revenues.
Strong Microsoft Business Performance
Microsoft business grew by 13% in Q4, marking the highest quarterly growth rate of the year, with full-year growth at 6%.
Increase in Annual Recurring Revenue
Ended 2024 with an annual recurring revenue of $65 million, representing 35% year-over-year growth.
Voice AI Business Growth
Voice AI business grew 30% in 2024, contributing 5% to total revenue and is expected to grow by 40% to 50% in 2025.
Cash Dividend Announcement
Declared a cash dividend of $0.18 per share, with an aggregate amount of approximately $5.3 million.
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AUDC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AUDC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $9.96 | $10.49 | +5.32% |
| Nov 06, 2024 | $8.87 | $7.66 | -13.64% |
| Jul 30, 2024 | $10.24 | $10.68 | +4.30% |
| May 07, 2024 | $11.01 | $9.60 | -12.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Audiocodes (AUDC) report earnings?
Audiocodes (AUDC) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Audiocodes (AUDC) earnings time?
Audiocodes (AUDC) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AUDC EPS forecast?
AUDC EPS forecast for the fiscal quarter 2025 (Q1) is 0.18.
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