When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AUDC - AudioCodes: Transition Is Going Well But Can It Continue? I Say Yes
AudioCodes Ltd.
2024-04-24 12:48:02 ET
Summary
AudioCodes is transitioning to a software-service-based company, which has the potential to revitalize its profitability and efficiency in the long run.
The company has a strong balance sheet with no debt and $38 million in cash and equivalents, making it an attractive investment for debt-averse investors.
AudioCodes is focusing on AI-first voice-related software and applications, which could lead to higher margins and licensing revenues in the future.