The Latest Breaking News from AUDC

Cloud computing industry is expanding, bolstered by the growing adoption of remote working models and rapid digitization across industries. With organizations rapidly deploying their workloads on digital formats, the industry’s prospects look impressive. Here are four cloud computing stocks that investors could try, Extreme Networks (EXTR), AudioCodes (AUDC), Viavi Solutions…

Although CalAmp (CAMP) insiders look confident about the company's future prospects as they have recently bought shares, it seems significantly overvalued at the current price level considering its weak financials. So, it could be better to bet on networking solutions companies Extreme Networks (EXTR) and AudioCodes (AUDC) instead. These two…

AudioCodes Ltd (NASDAQ:AUDC) reported fourth-quarter FY21 revenue growth of 12.7% year-on-year to $66.1 million, beating the consensus of $65.5 million. Product revenue rose 10.7% Y/Y to $41.7 million, while Services revenue grew 16.2% Y/Y to $24.4 million. Margins: The non-GAAP gross margin contracted 230 basis points Q/Q to 67.6%. The non-GAAP operating margin contracted…

AudioCodes (NASDAQ:AUDC) is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement. Analysts estimate that AudioCodes will likely report an Earnings Per Share (EPS) of $0.39.

Application of advanced technology solutions across various industries, continued adoption of 5G networks, and several new tech trends should propel the networking market's growth this year. Therefore, fundamentally sound networking stocks Viavi (VIAV), Extreme Networks (EXTR), AudioCodes (AUDC), and Digi International (DGII) could be ideal picks now. These stocks are…