Brief: Audiocodes Reports Q3 GAAP EPS of $0.14

Audiocodes

23/10/2018 07:23

Oct 23 (Reuters) - AudioCodes Ltd  AUDC.TA :
    * AUDIOCODES REPORTS THIRD QUARTER 2018 RESULTS
    * Q3 NON-GAAP EARNINGS PER SHARE $0.19
    * Q3 GAAP EARNINGS PER SHARE $0.14
    * Q3 REVENUE ROSE 13.5 PERCENT TO $44.5 MILLION
    * NET CASH PROVIDED BY OPERATING ACTIVITIES WAS $3.5 MILLION
FOR
Q3 OF 2018.
    * NOW PREDICT ANNUAL REVENUE GROWTH OF ABOVE 11.5% FOR FULL
YEAR
2018 COMPARED TO 7.7% GROWTH IN REVENUE IN 2017
    * FORECAST THAT NON-GAAP NET INCOME IN 2018 WILL GROW MORE
THAN
50% COMPARED TO 2017, ON HEELS OF CLOSE TO 30% GROWTH IN NET
INCOME IN 2017

Source text for Eikon:  urn:newsml:reuters.com:*:nPn33VTpWa
Further company coverage:  AUDC.TA 

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