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Audiocodes Ltd
Sure, Audiocodes Ltd (AUDC) is a public company listed on the NASDAQ stock exchange under the ticker symbol AUDC. Audiocodes is a leading provider of advanced voice networking and media processing solutions for service providers and enterprises. The company offers a range of products and solutions that enable voice communications, including IP PBXs, voice mail, call centers, and conferencing.
Here are some key facts about Audiocodes Ltd:
* Founded in 1990 and is headquartered in Lod, Israel
* Audiocodes provides solutions for unified communications, contact centers, and collaboration.
* Their products include voice gateways, media servers, and session border controllers.
* Audiocodes has a strong presence in the telecommunications, healthcare, finance, and government sectors.
* Audiocodes has a global customer base, with customers in over 50 countries.
* Audiocodes has strategic partnerships with major players in the industry, such as Microsoft, Cisco, and Avaya.
As of March 2023, Audiocodes has a market capitalization of around $473.3 million USD. In the latest quarter, the company reported revenue of $51.2 million, up 19% year-over-year, beating estimates by $1.21 million. The company's net income was $7.4 million, up 155.1% year-over-year, and its earnings per share were $0.28, beating estimates by $0.06.
Wall Street analysts have a positive outlook on Audiocodes, with several rating it as a Buy or Strong Buy. Their 12-month average price target is around $18.67, indicating a nearly 30% upside from its current stock price.
Please note that this information is subject to change and may not be up-to-date. Also, this is not a recommendation to buy or sell Audiocodes Ltd. It's always important to do your own research and consult with a financial advisor before making any investment decisions.