Audiocodes Limited operates in the Telephone and telegraph apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Audiocodes Limited with three other
audio-visual equipment producers in Middle East:
BATM Advanced Communications Limited
sales of 438.51 million Israel Shekels [US$126.59 million]
of which 52%
(172.89 million Israel Shekels [US$49.91 million]
Mer Telemanagement Solutions
(18.45 million Israel Shekels [US$5.33 million]
Audiocodes Limited reported sales of 711.75 million Israel Shekels (US$205.47 million)
December of 2019.
increase of 12.0%
versus 2018, when the company's sales were 635.27 million Israel Shekels.
This was the fourth straight year of sales growth at Audiocodes Limited.
Sales of Networking saw an increase
that was more than double the company's growth rate: sales were up
43.2% in 2019, from
475.57 million Israel Shekels to 681.13 million Israel Shekels.
Not all segments of Audiocodes Limited experienced an increase in sales in 2019:
sales of Technology fell 37.8% to 30.63 million Israel Shekels.