AudioCodes (NASDAQ:AUDC) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

AudioCodes (NASDAQ:AUDC) posted its quarterly earnings data on Tuesday. The communications equipment provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01, FiscalAI reports. The company had revenue of $62.96 million during the quarter, compared to analysts’ expectations of $62.40 million. AudioCodes had a return on equity of 6.33% and a net margin of 2.79%. AudioCodes updated its FY 2026 guidance to 0.600-0.750 EPS.

Here are the key takeaways from AudioCodes’ conference call:

• Revenue guidance was raised to $251 million–$256 million for 2026, while non-GAAP diluted EPS guidance was reiterated at $0.60–$0.75.
• Annual recurring revenue from Live managed services and VoiceAI reached $84 million at the end of Q2, up 20% year over year and double its level three years ago; backlog also rose 23% to nearly $90 million.
• VoiceAI revenue grew more than 50% year over year in the quarter and nearly doubled in the first half, keeping AudioCodes on track for 40%–50% full-year growth as enterprise virtual-agent and agent-assist deployments expand.
• Microsoft Teams activity remained healthy, with Q2 revenue up 5%, new opportunities up 14%, and signed opportunity value up 73% to more than $20 million; the company also highlighted new Microsoft certifications for its Voca CIC contact-center and AI voice-agent offerings.
• AudioCodes returned capital to shareholders through approximately $8.9 million of share repurchases during the quarter and declared a $0.20-per-share dividend totaling about $4.8 million.

AudioCodes Stock Performance

NASDAQ:AUDC opened at $10.04 on Wednesday. The stock’s 50-day simple moving average is $9.63 and its 200 day simple moving average is $8.78. The company has a market cap of $255.52 million, a P/E ratio of 40.16 and a beta of 0.96. AudioCodes has a 52-week low of $6.95 and a 52-week high of $10.86.

AudioCodes Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 19th will be issued a $0.20 dividend. The ex-dividend date is Wednesday, August 19th. This represents a dividend yield of 398.0%. AudioCodes’s dividend payout ratio (DPR) is presently 160.00%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded AudioCodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, AudioCodes currently has a consensus rating of “Hold”.

More AudioCodes News

Here are the key news stories impacting AudioCodes this week:

• Positive Sentiment: Q2 earnings and revenue topped expectations. AudioCodes reported non-GAAP earnings of $0.15 per share, versus the $0.14 consensus estimate, while revenue rose 3.1% year over year to approximately $63.0 million, slightly above expectations. Services revenue increased 6.2% to $34.6 million. AudioCodes Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year EPS guidance was raised above analyst expectations. AudioCodes forecast FY 2026 EPS of $0.60 to $0.75, compared with the $0.56 consensus estimate. Revenue guidance of $251 million to $256 million was broadly in line with the $251.6 million consensus, making the profit outlook the key bullish factor. AudioCodes Q2 2026 Earnings Call Transcript
• Positive Sentiment: AudioCodes declared a semiannual dividend of $0.20 per share. Investors on record August 19 are scheduled to receive payment September 3. The cash distribution may support investor interest, although the stock will trade ex-dividend on August 19. AudioCodes Dividend Announcement
• Neutral Sentiment: Profitability remained modest despite the beat. GAAP net income was $0.5 million, or $0.02 per diluted share, while GAAP operating margin was 5.1%. Non-GAAP operating margin was healthier at 7.4%, and operating cash flow totaled $6.1 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AUDC. Millennium Management LLC grew its stake in AudioCodes by 101.6% in the fourth quarter. Millennium Management LLC now owns 284,951 shares of the communications equipment provider’s stock valued at $2,488,000 after purchasing an additional 143,632 shares in the last quarter. Marshall Wace LLP raised its stake in shares of AudioCodes by 41.7% during the 4th quarter. Marshall Wace LLP now owns 186,983 shares of the communications equipment provider’s stock worth $1,632,000 after purchasing an additional 55,055 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of AudioCodes by 9.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 620,844 shares of the communications equipment provider’s stock valued at $5,936,000 after buying an additional 53,266 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of AudioCodes by 16.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 313,151 shares of the communications equipment provider’s stock valued at $2,734,000 after buying an additional 44,073 shares during the last quarter. Finally, Trexquant Investment LP grew its stake in shares of AudioCodes by 37.7% in the fourth quarter. Trexquant Investment LP now owns 155,995 shares of the communications equipment provider’s stock valued at $1,362,000 after buying an additional 42,681 shares in the last quarter. 68.05% of the stock is owned by institutional investors and hedge funds.

AudioCodes Company Profile

AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.

Founded in 1993 and headquartered in Rosh Ha’Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.