Unified Communications Industry News

TMCNet:  AudioCodes Q3 net loss increases

[November 12, 2012]

AudioCodes Q3 net loss increases

Nov 12, 2012 (Datamonitor via COMTEX) -- AudioCodes, a provider of Voice over IP technologies, products and services, has reported net loss of $1.11 million, or $0.03 loss per diluted share, for the third quarter ended September 30, 2012, compared to net loss of $527,000, or $0.01 loss per diluted share, for the same quarter ended September 30, 2011.


Revenues for the third quarter ended September 30, 2012 were $31.63 million, compared to $36.05 million for the same quarter ended September 30, 2011.

Net loss for the nine months ended September 30, 2012 was $4.7 million, or $0.12 loss per diluted share, compared to net income of $6.49 million, or $0.15 per diluted share, for the same period ended September 30, 2011.

Revenues for the nine months ended September 30, 2012 were $94.68 million, compared to $118.6 million for the same period ended September 30, 2011.

"We are pleased to report a return to sequential growth and improved financial performance for the third quarter of 2012," said Shabtai Adlersberg, Chairman, President and CEO of AudioCodes.

"Third quarter revenues demonstrate growth in key emerging business lines for the company, including with respect to the session border controller (SBC) and multi-service business router (MSBR) activities. We saw increased traction of our strategy to focus on the growing markets of unified communications, contact centers and business communications services, and experienced growing collaboration with our industry partners, which we believe will help us grow in coming years." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

[ Back To Unified Communications's Homepage ]

Request a Quote
Become a Partner
White Papers
FusionWorks Buyer's Guide
FusionWorks is a cloud-based business communication service that combines the cost saving advantages of a Hosted PBX service with the productivity power of Unified Communications (UC)...
Cloud Solutions Take the Stress Out of Moving Offices
Moving offices or opening a new location can be a serious challenge.The logistical hurdles can be daunting...
Case Studies
Gilbane Company Building
Gilbane works on large construction projects that typically last about 1-3 years. As a result, project trailers need to be equipped with a state-of-the-art phone solution but capital cost constraints prohibit purchasing equipment that will only be used for a few years...
Sable Natural Resources
Sable Natural Resources required a more flexible voice solution with advanced capabilities in combination with cost savings...
Product Sheets
FusionWorks
FusionWorks is a cloud-based phone, conferencing, messaging and collaboration service that combines the cost savings of cloud services with the productivity of Unified Communications (UC)...
Web Collaboration
Fusion Web Collaboration is a web and video conferencing tool for hosting online meetings, webinars and training...