AudioCodes Ltd. Announces Strong Financial Performance and Dividend Increase

In a recent announcement, AudioCodes Ltd., an Israel-based technology company specializing in voice over packet networks, has reported a robust financial performance for the second quarter of 2025. The company, which operates primarily in the communications equipment sector, has seen its quarterly revenues increase by 1.3% year-over-year, reaching $61.1 million. This growth is complemented by a 1.9% increase in service revenues, which amounted to $32.6 million for the quarter.

The financial results highlight both GAAP and non-GAAP metrics, showcasing the company’s operational efficiency. Under GAAP, AudioCodes reported a gross margin of 64.1% and an operating margin of 4.3%, with a GAAP EBITDA of $3.6 million and a net income of $0.3 million, or $0.01 per diluted share. The non-GAAP results were even more impressive, with a gross margin of 64.5%, an operating margin of 7.2%, and a non-GAAP EBITDA of $5.2 million. The non-GAAP net income stood at $4.1 million, or $0.14 per diluted share, indicating strong underlying profitability.

In addition to these financial highlights, AudioCodes has demonstrated a commitment to returning value to its shareholders. The company declared a semi-annual dividend of $0.20 per share, marking an 11% increase from the previous dividend. This decision underscores AudioCodes’ confidence in its financial health and future prospects.

The company’s cash flow performance was also noteworthy, with net cash provided by operating activities amounting to $7.7 million for the quarter. Furthermore, AudioCodes engaged in share repurchases, buying back 715,732 of its ordinary shares during the period, which reflects its strategy to enhance shareholder value.

As AudioCodes continues to serve global clients with its range of signal processor chips, VoIP communication boards, and custom modules, the company’s financial results and strategic initiatives position it well for sustained growth in the competitive communications equipment industry. With a market capitalization of approximately $301.5 million and a price-to-earnings ratio of 18.6964, AudioCodes remains a noteworthy player in the technology sector.