AudioCodes Ltd (AUDC) revealed a profit for its second quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $3.774 million, or $0.12 per share. This compares with $1.055 million, or $0.03 per share, in last year's second quarter.
Excluding items, AudioCodes Ltd reported adjusted earnings of $5,529 million or $0.18 per share for the period.
Analysts on average had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.5% to $60.30 million from $60.02 million last year.
AudioCodes Ltd earnings at a glance (GAAP) :
-Earnings (Q2): $3.774 Mln. vs. $1.055 Mln. last year.-EPS (Q2): $0.12 vs. $0.03 last year.-Revenue (Q2): $60.30 Mln vs. $60.02 Mln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.