Earnings Summary

Audiocodes Ltd’s revenue fell -12.2% since last year same period to $60.02Mn in the Q2 2023. On a quarterly growth basis, Audiocodes Ltd has generated 1.36% jump in its revenue since last 3-months.

Audiocodes Ltd’s net profit fell -84.79% since last year same period to $1.06Mn in the Q2 2023. On a quarterly growth basis, Audiocodes Ltd has generated 679.67% jump in its net profits since last 3-months.

Audiocodes Ltd’s net profit margin fell -82.68% since last year same period to 1.76% in the Q2 2023. On a quarterly growth basis, Audiocodes Ltd has generated 671.88% jump in its net profit margins since last 3-months.

Audiocodes Ltd’s earning per share (EPS) estimates for the current quarter stand at 0.37 - a 5.71% jump from last quarter’s estimates.

Audiocodes Ltd’s earning per share (EPS) estimates for the current year stand at 0.37.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Audiocodes Ltd’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Audiocodes Ltd’s return on equity (ROE) stands at 0.07.

Audiocodes Ltd declared 0.18 dividend per share during the earnings announcement for Q1 2023.