AudioCodes Q4 Net Income Rises, Revenues Dip Slightly

AudioCodes reports a net income rise to $6.78M in Q4, with EPS of $0.22. However, revenues fell slightly to $61.55M. The outlook shows hopes for future growth.

Date: 04-02-2025

AI Rating: 6

Net Income and Earnings Per Share (EPS)
In the fourth quarter of 2024, AudioCodes reported a significant increase in net income reaching $6.78 million, which translates to an EPS of $0.22, up from $3.66 million or $0.12 per share in the fourth quarter of 2023. Non-GAAP net income also saw a positive trend, standing at $11.63 million or $0.37 per share, compared to $8.91 million or $0.28 per share last year. This indicates a strong performance in terms of profitability and demonstrates effective cost management strategies. Ratings for this area: 7.

Revenue Growth
On the downside, revenues for the fourth quarter of 2024 experienced a decline, coming in at $61.55 million, down from $63.56 million in the same quarter of the previous year. Although the reported revenue slightly exceeded analyst expectations of $61.52 million, the overall decline raises concerns about the company’s ability to sustain growth. Ratings for this area: 5.

Outlook
The company expressed optimism about improved top-line growth in 2025 and beyond, suggesting that there may be potential for recovery in revenues. This forward-looking statement may positively influence investor sentiment despite current revenue challenges.

Stocks: AUDC