AudioCodes Full Year 2024 Earnings: EPS Beats Expectations

AudioCodes (NASDAQ:AUDC) Full Year 2024 Results

Key Financial Results

• Revenue: US$242.2m (flat on FY 2023).
• Net income: US$15.3m (up 74% from FY 2023).
• Profit margin: 6.3% (up from 3.6% in FY 2023).
• EPS: US$0.51 (up from US$0.28 in FY 2023).

The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

All figures shown in the chart above are for the trailing 12 month (TTM) period

AudioCodes EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%.

The primary driver behind last 12 months revenue was the Americas, Principally The United States segment contributing a total revenue of US$125.2m (52% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$71.2m (50% of total expenses). Explore how AUDC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with AudioCodes (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.