Overview
Israel enterprise voice solutions firm's Q1 revenue rose 2.9% yr/yr
Non-GAAP net income and EPS declined yr/yr
Company repurchased 1.74 mln shares for $13.7 mln during the quarter
Outlook
Company expects continued healthy top-line growth throughout remainder of 2026
Result Drivers
SERVICES GROWTH - Services revenue rose 4.3% yr/yr to $34 mln, outpacing total revenue growth
VOICE AI MOMENTUM - Conversational AI business grew over 50% yr/yr, with Live suite and CAI segments driving ARR up nearly 20%
Company press release: ID:nPn4TC0d6a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$62.14 mln
$61.50 mln (1 Analyst)
Q1 EPS
$0.07
Q1 Net Income
$1.95 mln
Q1 Pretax Profit
Miss
$2.98 mln
$5.60 mln (1 Analyst)
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the communications & networking peer group is "buy"
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)