News stories about AudioCodes (NASDAQ:AUDC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AudioCodes earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 45.8285162398025 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
AUDC stock traded up $0.14 during midday trading on Wednesday, hitting $7.49. 31,384 shares of the company traded hands, compared to its average volume of 69,962. The company has a current ratio of 1.71, a quick ratio of 1.34 and a debt-to-equity ratio of 0.07. AudioCodes has a twelve month low of $5.83 and a twelve month high of $8.43. The company has a market capitalization of $212.99, a PE ratio of 62.42 and a beta of 0.28.
AudioCodes (NASDAQ:AUDC) last released its earnings results on Wednesday, January 24th. The communications equipment provider reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.02. AudioCodes had a net margin of 2.57% and a return on equity of 9.82%. The business had revenue of $41.40 million during the quarter, compared to analysts’ expectations of $40.30 million. During the same quarter last year, the company earned $0.08 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. sell-side analysts predict that AudioCodes will post 0.3 earnings per share for the current year.
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AudioCodes Company Profile
AudioCodes Ltd. designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications (UC) and Contact Center (CC) services. The Company categorizes its products and services into two main business lines: network and technology.
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