YEHUDA, Israel (AP) — YEHUDA, Israel (AP) — AudioCodes Ltd. (AUDC) on Tuesday reported third-quarter net income of $2.7 million.
On a per-share basis, the Yehuda, Israel-based company said it had net income of 10 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 17 cents per share.
The communication components company posted revenue of $61.5 million in the period.
AudioCodes shares have fallen slightly more than 9% since the beginning of the year. The stock has declined slightly more than 3% in the last 12 months.
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