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Stock impact report

Strength Seen in AudioCodes (AUDC): Can Its 6.7% Jump Turn into More Strength? [Yahoo! Finance]

AudioCodes Ltd. - Ordinary Shares (AUDC) 
Last audiocodes ltd. - ordinary shares earnings: 7/24 02:09 am Check Earnings Report
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.8% loss over the past four weeks. AudioCodes is likely to have benefited from the secular tailwinds related to IP-based communications. The uptrend is also expected to have been triggered by its continued focus on high-margin businesses, resulting in a faster-than-expected expansion in operating margins. Its long-term partnership with Microsoft has further helped it strengthen its market position. This communication components company is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $61.58 million, down 0% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and nea Show less Read more
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