AudioCodes (NASDAQ:AUDC) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

AudioCodes (NASDAQ:AUDC) announced its quarterly earnings results on Tuesday. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01, FiscalAI reports. AudioCodes had a return on equity of 6.58% and a net margin of 2.83%.The company had revenue of $62.96 million during the quarter, compared to the consensus estimate of $62.40 million. AudioCodes updated its FY 2026 guidance to 0.600-0.750 EPS.

Here are the key takeaways from AudioCodes’ conference call:

• Revenue guidance was raised to $251 million–$256 million for 2026, while non-GAAP diluted EPS guidance was reiterated at $0.60–$0.75.
• Annual recurring revenue from Live managed services and VoiceAI reached $84 million at the end of Q2, up 20% year over year and double its level three years ago; backlog also rose 23% to nearly $90 million.
• VoiceAI revenue grew more than 50% year over year in the quarter and nearly doubled in the first half, keeping AudioCodes on track for 40%–50% full-year growth as enterprise virtual-agent and agent-assist deployments expand.
• Microsoft Teams activity remained healthy, with Q2 revenue up 5%, new opportunities up 14%, and signed opportunity value up 73% to more than $20 million; the company also highlighted new Microsoft certifications for its Voca CIC contact-center and AI voice-agent offerings.
• AudioCodes returned capital to shareholders through approximately $8.9 million of share repurchases during the quarter and declared a $0.20-per-share dividend totaling about $4.8 million.

AudioCodes Price Performance

NASDAQ:AUDC remained flat at $9.88 during mid-day trading on Thursday. The company had a trading volume of 18,475 shares, compared to its average volume of 124,442. The business has a fifty day simple moving average of $9.64 and a 200 day simple moving average of $8.79. AudioCodes has a fifty-two week low of $6.95 and a fifty-two week high of $10.86. The stock has a market cap of $251.45 million, a P/E ratio of 38.02 and a beta of 0.96.

AudioCodes Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.20 per share. This represents a dividend yield of 398.0%. The ex-dividend date of this dividend is Wednesday, August 19th. AudioCodes’s payout ratio is presently 160.00%.

Institutional Investors Weigh In On AudioCodes

Institutional investors and hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership raised its position in shares of AudioCodes by 9.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 620,844 shares of the communications equipment provider’s stock worth $5,936,000 after purchasing an additional 53,266 shares during the period. Goldman Sachs Group Inc. grew its stake in AudioCodes by 16.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 313,151 shares of the communications equipment provider’s stock worth $2,734,000 after buying an additional 44,073 shares during the last quarter. Millennium Management LLC increased its position in AudioCodes by 101.6% in the fourth quarter. Millennium Management LLC now owns 284,951 shares of the communications equipment provider’s stock worth $2,488,000 after buying an additional 143,632 shares during the period. Dimensional Fund Advisors LP increased its position in AudioCodes by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 262,824 shares of the communications equipment provider’s stock worth $2,295,000 after buying an additional 10,056 shares during the period. Finally, ARK Investment Management LLC lifted its stake in AudioCodes by 23.2% in the fourth quarter. ARK Investment Management LLC now owns 221,966 shares of the communications equipment provider’s stock valued at $1,938,000 after buying an additional 41,802 shares during the last quarter. Institutional investors and hedge funds own 68.05% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on AUDC. Weiss Ratings upgraded AudioCodes from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Wall Street Zen upgraded shares of AudioCodes from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, AudioCodes presently has a consensus rating of “Hold”.

AudioCodes Company Profile

AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.

Founded in 1993 and headquartered in Rosh Ha’Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.