NASDAQ$AUDC

AudioCodes Ltd · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

AudioCodes reported its first quarter 2025 financial results, showing a slight increase in revenues and net income compared to the same period last year.

AudioCodes reported first quarter 2025 revenues of $60.4 million, a 0.5% increase year-over-year. GAAP net income was $4.0 million, or $0.13 per diluted share, while non-GAAP net income reached $4.7 million, or $0.15 per diluted share. The company also generated $13.5 million in net cash from operating activities.

  • Quarterly revenues increased by 0.5% year-over-year to $60.4 million.
  • Quarterly service revenues increased by 3.4% year-over-year to $32.6 million.
  • GAAP net income was $4.0 million, or $0.13 per diluted share.
  • Net cash provided by operating activities was $13.5 million for the quarter.

Headline financials

Total Revenue

$60.4M

Previous: $60.1M+0.5%
EPS (adj)

$0.15

Previous: $0.17-11.8%
Net Income

$4.02M

Previous: $2.08M+92.8%
Operating Income

$3.65M

Previous: $3.28M+11.1%
Gross Profit

$39.1M

Previous: $38.7M+1.2%

Revenue & EPS history

AudioCodes · Revenue · Quarterly

$60.4M

Q1 2025+0.5%vs Q1 2024
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Forward guidance

AudioCodes anticipates continued growth in its Live managed services, particularly in UCaaS and CX markets, and expects enhanced growth from AI-powered value-added services in the second half of 2025 with the launch of its next-generation Live platform. The company is also actively mitigating the impact of new US tariffs.

Tailwinds

  • Continued growth of Live managed services in UCaaS and CX markets.
  • Cross-selling of AI-powered value-added services.
  • Microsoft business up 7% in the quarter.
  • CX business increased 2% year-over-year with a solid pipeline.
  • Conversational AI business grew over 10% year-over-year.

Headwinds

  • Lower gross profit from product sales due to new US tariffs on imports from China.
  • Fluidity of the tariff situation.
  • Associated macroeconomic uncertainty.
  • Potential impact of military actions involving Israel on operations and ability to produce/sell solutions.
  • Obligations of personnel to perform military service.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.8%

Avg return

30 days after

42%

22 / 52 earnings

Positive

+29.6%

Q1 2020

Best reaction

-19.4%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-13.3%+4.6%+5.6%
Q2 2025-4.1%-7.8%-9.7%
Q1 2025-9.1%-7.2%+2.2%
Q4 2024+12.3%+20.8%+4.3%
Q3 2024-7.3%-5.5%+4.7%
Q2 2024+6.8%+2.0%+2.0%
Q1 2024-13.2%-12.7%-11.8%
Q4 2023+12.2%+13.1%+11.6%
Q3 2023+26.7%+25.2%+44.6%
Q2 2023+11.1%+12.3%+3.0%
Q1 2023-7.6%-16.2%-7.8%
Q4 2022-9.2%-10.7%-20.6%
Q3 2022-7.6%-7.8%-2.5%
Q2 2022-9.8%-9.2%-8.1%
Q1 2022-4.2%-6.1%-1.7%
Q4 2021-5.3%-6.8%-5.2%
Q3 2021+0.0%+4.5%+3.7%
Q2 2021+0.5%+2.7%+0.9%
Q1 2021-1.5%+0.2%+5.1%
Q4 2020-7.3%-10.9%-14.0%
Q3 2020-5.9%-7.9%-11.5%
Q2 2020-17.3%-19.4%-29.2%
Q1 2020+29.6%+35.6%+56.3%
Q4 2019-16.3%-19.7%-16.7%
Q3 2019+13.8%+8.2%+24.4%
Q2 2019+8.4%+14.2%+7.4%
Q1 2019-12.2%-10.9%-8.8%
Q4 2018+7.3%+4.4%+2.2%
Q3 2018+22.0%+26.2%+9.1%
Q2 2018+9.5%+15.8%+29.5%
Q1 2018+7.6%+7.3%+11.7%
Q4 2017-0.8%+0.3%+0.7%
Q3 2017-4.6%-18.3%-18.2%
Q2 2017-0.1%+2.5%-0.9%
Q1 2017-4.5%-1.2%+2.4%
Q4 2016-1.3%-0.5%+3.8%
Q3 2016+2.5%+2.1%+17.6%
Q2 2016-3.4%-5.5%+21.6%
Q1 2016-0.7%
Q4 2015+6.0%
Q3 2015+6.5%
Q2 2015+1.1%
Q1 2015-2.6%
Q4 2014+1.4%
Q2 2014-9.5%
Q4 2013+11.3%
Q3 2013-19.4%
Q2 2013+17.1%
Q4 2012-2.4%
Q3 2012+8.0%
Q4 2011-4.2%
Q2 2010-4.8%

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