Monday, July 19, 2004

AudioCodes Revenues Rise 25% Sequentially and 82% Year over Year

AudioCodes reported Q2 revenues of $19.1 million, compared to $15.3 million for the preceding quarter and $10.5 million for the same period last year, a rise of 25% sequentially and 82% compared to Q2 of 2003. Net income for the second quarter of 2004 was $839,000, or $0.02 basic and diluted earnings per share, compared to a net loss of $2.2 million, or $(0.06) basic and diluted loss per share, for the corresponding period last year. http://www.audiocodes.com/