AUDIOCODES REPORTS Q4 & FY 2023 RESULTS, DECLARES SEMI-ANNUAL DIVIDEND

Ticker: AUDC · Form: 6-K · Filed: Feb 6, 2024 · CIK: 1086434

Audiocodes LTD 6-K Filing Summary
FieldDetail
CompanyAudiocodes LTD (AUDC)
Form Type6-K
Filed DateFeb 6, 2024
Risk Levellow
Pages2
Reading Time2 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: earnings, dividend, financial-results

TL;DR

**AudioCodes just dropped Q4 and full-year 2023 earnings and declared a dividend.**

AI Summary

On February 6, 2024, AudioCodes Ltd. announced its financial results for the fourth quarter and full year ended December 31, 2023. The company also declared a semi-annual cash dividend. This matters to investors because strong financial results and a consistent dividend can signal a healthy company, potentially increasing stock value and providing income for shareholders.

Why It Matters

This filing provides investors with crucial financial performance data and confirms a cash dividend, directly impacting shareholder returns and future investment decisions.

Risk Assessment

Risk Level: low — This 6-K filing is a routine announcement of financial results and a dividend, which is generally a low-risk event for investors.

Analyst Insight

An investor should review the attached press release (Exhibit 1) to understand the specific financial figures for Q4 and FY 2023 and the details of the semi-annual cash dividend to assess the company's performance and dividend yield.

Key Players & Entities

FAQ

What specific financial periods did AudioCodes Ltd. report results for in this filing?

AudioCodes Ltd. reported financial results for the fourth quarter and full year periods ended December 31, 2023, as stated in the press release attached to the 6-K filing.

What other significant announcement did AudioCodes Ltd. make in addition to its financial results?

In addition to its financial results, AudioCodes Ltd. announced a semi-annual cash dividend, as detailed in the press release attached to the 6-K filing.

What is the purpose of a Form 6-K for a foreign private issuer like AudioCodes Ltd.?

A Form 6-K is a 'Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934' used by foreign companies to report material information to the SEC, such as financial results or other significant events, as seen in this filing by AudioCodes Ltd.

When was this specific 6-K filing submitted to the SEC?

This 6-K filing was filed as of date February 6, 2024, according to the ACCESSION NUMBER information.

Where is AudioCodes Ltd.'s principal executive office located?

AudioCodes Ltd.'s principal executive office is located at 1 Hayarden Street, Airport City, Lod 7019900, ISRAEL, as stated in the filing.

Filing Stats: 611 words · 2 min read · ~2 pages · Grade level 14.5 · Accepted 2024-02-06 08:12:57

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the Month of February 2024 Commission file number 0-30070 AUDIOCODES LTD. (Translation of registrant’s name into English) 1 Hayarden Street • Airport City, Lod 7019900 • ISRAEL (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. On February 6, 2024, AudioCodes Ltd. (the “Registrant”) issued a press release announcing financial results for the fourth quarter and full year periods ended December 31, 2023, a semi-annual cash dividend, and other matters. A copy of this press release is attached hereto as Exhibit 1 and incorporated by reference herein. The information set forth in (a) the first, second, third, sixth and seventh paragraphs following the heading “Details,” the paragraphs following the heading “Share Buy Back Program” and the paragraphs following the heading “Cash Dividend,” and (b) the condensed consolidated balance sheets, condensed consolidated statements of operations and condensed consolidated statements of cash flows contained in the press release attached as Exhibit 1 to this Report on Form 6-K are hereby incorporated by reference into (i) the Registrant’s Registration Statement on Form F-3ASR, File No. 333-238867; (ii) the Registrant’s Registration (iv) the Registrant’s Registration Statement on Form S-8, File No. 333-105473; (v) the Registrant’s Registration (vii) the Registrant’s Registration Statement on Form S-8, File No. 333-170676; (viii) the Registrant’s Registration Statement on Form S-8, File No. 333-190437; (ix) the Registrant’s Registration Statement on Form S-8, File No. 333-210438; (x) the Registrant’s Registration Statement on Form S-8, File No. 333-230388; and (xi) the Registrant’s Registration Statement on Form S-8, File No. 333-264535. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AUDIOCODES LTD. (Registrant) By: /s/ NIRAN BARUCH Niran Baruch Vice President Finance and Chief Financial Officer Dated: February 6, 2024 EXHIBIT INDEX Exhibit No. Description 1 Press release, dated February 6, 2024, announcing financial results for the fourth quarter and full year periods ended December 31, 2023, declaration of semi-annual cash dividend, and other matters.

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