Yahoo Finance

YEHUDA, Israel (AP) — YEHUDA, Israel (AP) — AudioCodes Ltd. (AUDC) on Tuesday reported first-quarter net income of $4 million.

On a per-share basis, the Yehuda, Israel-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, came to 15 cents per share.

The communication components company posted revenue of $60.4 million in the period.

AudioCodes shares have decreased roughly 5% since the beginning of the year. The stock has dropped 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUDC at https://www.zacks.com/ap/AUDC