AudioCodes revenues lift 4.3% to USD 37.5 mln in Q1

Tuesday 28 April 2015 | 12:10 CET | News
VoIP equipment provider AudioCodes reported first quarter results, showing first quarter revenues up 4.3 percent from the year before to USD 37.5 million. The net loss reached USD 378,000 or USD 0.01 per share, wider than the net loss recorded the year before of 278,000 or 0.01 per share. CEO Shabtai Adlersberg said top line revenue came in lower than expected on the back of lower sales in the EMEA region, mainly as a result of the weaker Euro/US Dollar exchange rate. By contrast, networking line sales grew 7.3 percent. AudioCodes updated its full year guidance, mainly to account for forex

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Categories: General
Companies: AudioCodes
Countries: World
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