AudioCodes Reports Second Quarter 2024 Results and Declares Semi-Annual Dividend of 18 cents per share
AUDCAudioCodes(AUDC) Prnewswire·2024-07-30 14:00

OR YEHUDA, Israel, July 30, 2024 /PRNewswire/ -- Second Quarter HighlightsQuarterly revenues increased by 0.5% year-over-year to $60.3 million;Quarterly service revenues increased by 12.3% year-over-year to $32 million;GAAP results:- Quarterly GAAP gross margin was 65.5%;- Quarterly GAAP operating margin was 8.2%;- Quarterly GAAP EBITDA was $6.2 million;- Quarterly GAAP net income was $3.8 million, or $0.12 per diluted share.Non-GAAP results:- Quarterly Non-GAAP gross margin was 65.8%;- Quarterly Non-GAAP o ...