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Broadband

AudioCodes revenues down to USD 34 mln in Q3

Tuesday 3 November 2015 | 12:52 CET | News
VoIP equipment provider AudioCodes reported revenues for the third quarter down to USD 34.2 million compared to USD 38.9 million for the third quarter of 2014. Its net loss was USD 130,000, or USD 0.00 per diluted share, smaller than a loss of USD 708,000 or USD 0.02 per share for the third quarter of 2014. Net cash provided by operating activities totaled USD 1.8 million, and cash and cash equivalents were worth USD 75.3 million at 30 September, down from USD 89.3 million a year earlier. The decrease in cash was the result of the use of cash for the continued repurchase of the company's

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Categories: Fixed
Companies: AudioCodes
Countries: World
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