LOD, Israel (AP) — LOD, Israel (AP) — AudioCodes Ltd. (AUDC) on Tuesday reported fourth-quarter earnings of $7.5 million.
The Lod, Israel-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share.
The communication components company posted revenue of $70.7 million in the period.
For the year, the company reported profit of $28.5 million, or 88 cents per share. Revenue was reported as $275.1 million.
AudioCodes shares have climbed 10% since the beginning of the year. The stock has dropped 28% in the last 12 months.
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