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AudioCodes Ltd. (AUDC) news stock charts

AudioCodes Ltd. (AUDC) Investment Summary:

AudioCodes Ltd. was incorporated in 1992 under the laws of the State of Israel. Our principal executive offices are located at 1 Hayarden Street, Airport City, Lod, 70151 Israel. Our telephone number is 972-3-976-4000. Our agent in the United States is AudioCodes Inc., 2099 Gateway Plaza, San Jose, California 95134. Major Developments since January 1, 2006 Acquisition of Nuera Communications, Inc. In July, 2006, we completed the acquisition of Nuera Communications, Inc. Nuera was acquired for a purchase price of $82.5 million in cash, subject to reduction for certain expenses, plus an earn out arrangement under which we have agreed to pay up to an additional $5 million if Nuera achieves certain revenue milestones during the first twelve months after consummation of the transaction. Nuera designs, manufactures and sells packet voice getaways to communication service providers worldwide.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f27%2f0001178913-07-001271.html#FIS_COMPANY_INFORMATION"   
www.audiocodes.com
Founded in 1992

AUDIOCODES LTD (AUDC:NASDAQ)

LAST $3.77 USD
CHANGE TODAY -0.01 -0.26%
VOLUME 86.2K
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of AUDIOCODES LTD (AUDC)

OPEN
$3.74
PREVIOUS CLOSE
$3.78
DAY HIGH
$3.80
DAY LOW
$3.65
52 WEEK HIGH
03/17/10 - $3.80
52 WEEK LOW
03/20/09 - $1.09
MARKET CAP
151.5M
AVERAGE VOLUME 10 D
89.5K
EPS TTM
$0.01
SHARES OUTSTANDING
40.2M
AUDC Does Not Pay Dividends
P/E TTM
377.0x
K = Thousands  M = Millions  B = Billions

Key developments for AUDIOCODES LTD (AUDC)

AudioCodes Ltd. Facilitates Use of Standard SIP Phones with Microsoft Office Communications Server

AudioCodes Ltd. is extending its product range for customers seeking access to the Microsoft Unified Communications environment with the introduction of AudioCodes' SIP Phone Support (SPS) for Microsoft Unified Communications. AudioCodes' SPS allows economically affordable connections to Microsoft Office Communications Server via standard SIP IP Phones. A direct connection to Office Communications Server is supported both for currently installed phones and newer models, as well as connecting mobile phones using AudioCodes' Mobile Clients, utilizing AudioCodes' gateway technology. Enterprises migrating into the Microsoft Unified Communications environment have been showing great interest in enabling cost-effective IP Phones to connect to Office Communications Server. The current installed base of IP Phones in the market is approximately 65 million. By 2014, around 20 million new IP Phones will be sold annually. Most of these phones have not had direct access to Microsoft Office Communications Server. Gartner Magic Quadrant for Unified Communications 2009 stated that "Enterprises looking into UC, particularly those with Microsoft applications already in place, should understand the Microsoft portfolio, because it represents a new paradigm for communication by a market leader. Microsoft's solution, while comprehensive, is also the basis for a range of partner offerings." Based on the Microsoft leadership and customers' demand for partner solutions, customers can now protect their existing investment in third-party IP-Phones, while enjoying the full benefits of the Microsoft infrastructure, including unified call control, integration with their Microsoft Office Communicator, presence information and more. The IP phones supported by SPS include AudioCodes' 300HD family of High Definition IP Phones, as well as other third-party IP Phones, such as Cisco, Avaya, Aastra, Polycom and other standards-based SIP phones. The mobile smart phones support is enabled using AudioCodes' Mobile SIP clients, supporting all major smart phones' operating systems, including Windows Mobile, iPhone OS, Symbian and Android. AudioCodes' 300HD family of IP Phones offer integrated, DSP-based support of Microsoft Real Time Audio (RTA) codec and the support of Secured Real Time Protocol (STRP) and SIP over TLS, enabling maximum security, high definition calls between IP Phones and Office Communicator clients. In addition, AudioCodes' phones provide enhanced presence and Active Directory support in the phone user interface, offering enhanced user experience for the Microsoft clients.

Audiocodes Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2009

AudioCodes Ltd. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. Revenues for the fourth quarter ended December 31, 2009 were $34.2 million compared to $32.1 million for the third quarter of 2009 and $38.8 million for the fourth quarter of 2008. Net income in accordance with U.S. generally accepted accounting principles (GAAP) was $1.3 million, or $0.03 per share, for the fourth quarter of 2009 compared to GAAP net income of $139,000, or $0.01 per share, for the third quarter of 2009, and a GAAP net loss of $87.1 million, or $2.17 per share, for the fourth quarter of 2008. Non-GAAP net income for the fourth quarter of 2009 was $2.5 million, or $0.06 per diluted share, compared to non-GAAP net income of $1.6 million, or $0.04 per diluted share, for the third quarter of 2009, and non-GAAP net income of $776,000, or $0.02 per diluted share, for the fourth quarter of 2008. During the fourth quarter of 2009, AudioCodes generated $11.8 million in cash from operating activities compared to $5.6 million in the third quarter of 2009 and $9.4 million in the fourth quarter of 2008. The Company generated $20.9 million in cash from operations in 2009 compared to $16.4 million in 2008. For the quarter, the company reported operating income of $1,650,000 and income before tax of $1,255,000 compared with operating loss of $85,132,000 and loss before tax of $85,712,000 for the same a year ago. For the quarater, the company reported purchase of property and equipments of $408,000 compared with $265,000 for the same period a year ago. Revenues were $125.9 million in 2009 compared to $174.7 million in 2008. The Company reported a GAAP net loss of $2.6 million, or $0.05 per diluted share, in 2009 compared to a GAAP net loss of $84.6 million, or $2.05 per diluted share, in 2008. Results for 2008 included the $86.1 million non-cash impairment charge with respect to goodwill, long-lived assets and investment in an affiliate. For the year, the company reported operating loss of $184,000 and loss before tax of $2,928,000 compared with $79,435,000 and $82,703,000 for the same a year ago. For the full year, the company reported on a non GAAP basis, net income of $3,043,000 or $0.09 per diluted share compared with $12,279,000 or $0.29 for the same period a year ago. For the full year, the company reported net cash provided by operating activities of $20,975,000 and purchase of property and equipments of $1,271,000 compared with $16,411,000 or $3,158,000 for the same period a year ago.

AudioCodes Ltd. expected to Report Q1 2010 Results on April 26, 2010. This event was calculated by Capital IQ (Created on February 3, 2010).

AudioCodes Ltd. expected to Report Q1 2010 Results on April 26, 2010. This event was calculated by Capital IQ (Created on February 3, 2010).

AudioCodes Ltd. financial resources

otc, otcbb, pinksheet, AUDC, ob AudioCodes Ltd.

AUDC Competitors

Company Last Change
8x8 Inc $1.26 USD 0.00
Adlink Technology Inc 30.50 TWD -0.15
Draytek Corp 26.60 TWD +0.30
DSP Group Inc $8.65 USD -0.07
Network Equipment Technologies Inc $5.21 USD -0.13
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation AUDC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x

AUDC

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AUDC transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent Financial News About AudioCodes Ltd.

AudioCodes Facilitates Use of Standard SIP Phones With Microsoft Office Communications Server

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AudioCodes Reports Fourth Quarter and Full Year 2009 Results

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AudioCodes Reports Third Quarter 2009 Results

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AudioCodes Notifies Holders of 2.00% Senior Convertible Notes Due 2024 of Extension of Put Option Expiration

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AudioCodes and BroadSoft Launch Strategic Initiative to Simplify Deployments of IP Voice Networks

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AudioCodes Introduces VMAS -- VoIP Mobile Access Solutions for Service Providers

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AudioCodes Introduces "MSBG PLUS", an Open Platform for Unified Communications for Small and Medium Enterprises

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AudioCodes Appoints Chief Operating Officer

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AudioCodes Announces Fourth Quarter and Full Year 2009 Reporting Date

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AudioCodes Reports Fourth Quarter and Full Year 2009 Results

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AudioCodes Reports Fourth Quarter and Full Year 2009 Results

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Q4 2009 AudioCodes Ltd. Earnings Release - Before Market Open

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AudioCodes Appoints Chief Operating Officer

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AudioCodes Announces Fourth Quarter and Full Year 2009 Reporting Date

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AudioCodes Introduces VMAS -- VoIP Mobile Access Solutions for Service Providers

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AudioCodes Announces Third Quarter 2009 Reporting Date

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AudioCodes and MailVision Cooperate to Introduce iPico SIP Mobile Client for iPhone and iPod touch

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AudioCodes Notifies Holders of 2.00% Senior Convertible Notes Due 2024 of Put Option

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AudioCodes Notifies Holders of 2.00% Senior Convertible Notes Due 2024 of Extension of Put Option Expiration

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AudioCodes and BroadSoft Launch Strategic Initiative to Simplify Deployments of IP Voice Networks

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