The communications tech firm reported $0.15 non-GAAP EPS and $63M revenue, exceeding analyst expectations by $0.01 and $0.6M respectively.
AudioCodes posted Q2 non-GAAP earnings per share of $0.15, beating estimates by $0.01, as revenue rose 3.1% year-over-year to $63 million. The top line also surpassed expectations by $0.6 million.
Services revenue climbed 6.2% to $34.6 million, while non-GAAP gross margin held at 65.8%. Operating margin narrowed to 7.4%, and net cash from operations totaled $6.1 million for the quarter.
The results reflect steady demand for the company’s enterprise communication solutions amid ongoing digital transformation trends.