AudioCodes posts Q3 2026 revenue of $64.1 M and reiterates full‑year guidance
AudioCodes reported third‑quarter 2026 revenue of $64.1 million, a 4.2% year‑over‑year increase, with services revenue of $37.1 million growing 19.9%. GAAP net income was $3.6 million ($0.15 per diluted share) and non‑GAAP net income was $4.0 million ($0.16 per diluted share). The company repurchased about 1.5 million shares for $15.1 million and declared a $0.20 per share dividend. Management highlighted 16% growth in annual recurring revenue to $87 million and reaffirmed full‑year revenue guidance of $251 million‑$256 million and non‑GAAP EPS guidance of $0.60‑$0.75.
Why it matters
The reaffirmed 2026 revenue and EPS guidance sets the performance expectations for investors and may influence valuation models (the company expects $251 M‑$256 M revenue and $0.60‑$0.75 non‑GAAP EPS, per the earnings call). The share repurchase of $15.1 million reduces outstanding shares, potentially supporting earnings per share.
Key facts
- 1Quarterly revenue was $64.1 million, up 4.2% YoY. prnewswire.com
- 2Services revenue was $37.1 million, up 19.9% YoY. prnewswire.com
- 3GAAP net income was $3.6 million, or $0.15 per diluted share. prnewswire.com
- 4Non‑GAAP net income was $4.0 million, or $0.16 per diluted share. prnewswire.com
- 5The company repurchased 1,517,568 shares for $15.1 million. prnewswire.com
- 6Annual recurring revenue (ARR) reached $87 million, up 16% YoY. prnewswire.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.