Benzinga | Oct 26, 2021 07:08AM EDT

AudioCodes: Q3 Earnings Insights



AudioCodes (NASDAQ:AUDC) reported its Q3 earnings results on Tuesday, October 26, 2021 at 02:00 AM.

Here's what investors need to know about the announcement.

Earnings

AudioCodes missed their estimated earnings by 2.56%, which did not surprise analysts.

Revenue was up $6,844,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 2.09% increase in the share price the next day.

Here's a look at AudioCodes's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.36 0.33 0.37 0.31EPS Actual 0.37 0.37 0.44 0.38Revenue Estimate 60.07M 57.98M 58.07M 55.63MRevenue Actual 60.58M 58.84M 58.67M 56.56M

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