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Audiocodes to lay off 10% of workforce

Between 77 and 97 employees of the Israeli advanced communications software company will be leaving.

AudioCodes Q1 Earnings Miss Estimates, Plans To Terminate 6% Headcount Immediately

AudioCodes Ltd (NASDAQ: AUDC) reported a first-quarter FY23 revenue decline of 10.8% year-on-year to $59.21 million, missing the consensus of $62.17 million.…

AudioCodes (NASDAQ:AUDC) PT Lowered to $10.00

AudioCodes (NASDAQ:AUDC – Get Rating) had its price objective cut by investment analysts at Jefferies Financial Group from $18.00 to $10.00 in a report issued on Tuesday, The Fly reports. Jefferies Financial Group’s target price would suggest a potential upside of 1.73% from the stock’s current price. A number of other analysts also recently issued […]

Heartland Advisors Inc. Buys 21,550 Shares of AudioCodes Ltd. (NASDAQ:AUDC)

Heartland Advisors Inc. boosted its position in shares of AudioCodes Ltd. (NASDAQ:AUDC – Get Rating) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 352,000 shares of the communications equipment provider’s stock after acquiring an additional 21,550 […]

AudioCodes Ltd. (NASDAQ:AUDC) Short Interest Update

AudioCodes Ltd. (NASDAQ:AUDC – Get Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 93,100 shares, a growth of 12.3% from the March 31st total of 82,900 shares. Based on an average trading volume of 157,700 shares, the short-interest […]

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