AudioCodes (AUDC), a provider of converged voice solutions that enable enterprises and service providers to transition to all-IP voice networks, said that net income was $2.8 million, or $0.07 per share, for the fourth quarter of 2013, compared to GAAP net income of $524,000, or $0.01 per share, for the fourth quarter of 2012.
Non-GAAP net income for the fourth quarter of 2013 was $1.9 million, or $0.05 per diluted share, compared to $1.1 million, or $0.03 per share, for the fourth quarter of 2012.
Revenues for the fourth quarter of 2013 were $36.3 million, up from $32.8 million for the fourth quarter of 2012.
"As we look ahead to 2014, AudioCodes stands well positioned to extend its leadership in wide-area voice networking solutions and services for the fast growing segments of unified communications, business services and contact centers. AudioCodes end-to-end One Voice connectivity and networking solutions for Microsoft Lync, hosted PBX services and emerging cloud-based voice solutions have proved to provide high value to our enterprise and service provider customer base globally. Our deep knowledge and rich voice technologies portfolio for connectivity, security, quality of service, routing and mobility, among other features, is key to our success in recent years and is expected to enable our success in next coming years," said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.
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