AudioCodes Q4 profit up, but revenue down; anticipates improved growth in 2025
From Nasdaq: 2025-02-04 02:49:14
AudioCodes reported a rise in net income for Q4 2024 to $6.78 million or $0.22 per share, compared to $3.66 million or $0.12 per share in Q4 2023. Non-GAAP net income was $11.63 million or $0.37 per share, exceeding analyst expectations of $0.23 per share. However, revenues declined to $61.55 million from $63.56 million. The company anticipates improved growth in 2025. A cash dividend of $0.18 per share has been announced, totaling around $5.3 million, payable on March 6, 2025. Visit rttnews.com for more earnings news and calendar updates.
Read more at Nasdaq: AudioCodes Q4 Profit Rises; Expects Improved Top-line Growth In 2025 And Beyond
