AudioCodes (NASDAQ:AUDC) reported quarterly earnings of $0.34 per share which met the analyst consensus estimate. This is a 8.11 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $68.36 million which beat the analyst consensus estimate of $68.33 million by 0.04 percent. This is a 12.85 percent increase over sales of $60.58 million the same period last year.
Analyst Touts ‘Key Underlying Improvements’ For HEXO Despite Q1 Revenue Drop
Hexo Corp. (NASDAQ: HEXO) reported a 29% year-over-year and 16% sequential decrease in net revenue to CA$ 35.8 million ($26.3 million) in the first quarter of fiscal 2023.