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Broadband

AudioCodes doubles Q2 net profit, sees better FY results

Tuesday 23 July 2019 | 11:10 CET | News
AudioCodes reported revenues for the second quarter up slightly to USD 49.5 million from USD 43.5 million a year earlier. The company's net profit doubled to USD 4.8 million or 16 cents a share, supported by strong growth in the UC and UCaaS markets as service providers transition to all-IP services. The company said the better-than-expected results in H1 should help it exceed its forecast for the full year. 

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Categories: Fixed
Companies: AudioCodes
Countries: World
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