AudioCodes Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 60.02 million compared to USD 68.36 million a year ago. Net income was USD 1.06 million compared to USD 6.94 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.21 a year ago.
For the six months, revenue was USD 119.23 million compared to USD 134.72 million a year ago. Net income was USD 0.8731 million compared to USD 15.54 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.47 a year ago.