Brief: Audiocodes Says to Reduce Headcount By Approximately 8% To 10% Over Next 6-12 Months, With Approximately 6% Effective Immediately

Audiocodes

09/05/2023 07:30

May 9 (Reuters) - Audiocodes Ltd  AUDC.TA :
    * AUDIOCODES REPORTS FIRST QUARTER 2023 RESULTS
    * Q1 NON-GAAP EARNINGS PER SHARE $0.08
    * Q1 REVENUE FELL 10.8 PERCENT TO $59.2 MILLION
    * Q1 GAAP LOSS PER SHARE $0.01
    * REDUCE OUR HEADCOUNT BY APPROXIMATELY 8% TO 10% OVER NEXT
6-12
MONTHS, WITH APPROXIMATELY 6% EFFECTIVE IMMEDIATELY

Source text for Eikon:  ID:nPn7cPDZ8a 
Further company coverage:  AUDC.TA 

 ((Reuters.Briefs@thomsonreuters.com;))