AudioCodes (NASDAQ:AUDC) reports Q3 revenue growth of 10%, on the back of 19.9% increase in services revenue and +20% in UC-SIP revenues. Adjusted gross margin rate improved 390 bps Y/Y to 67.1; adjusted operating margin rate expanded 920 bps to 23.7%.
Technically, needs to break the upper line above. Let's hope for a positive trend from now. Currently inside the triangle.