This week, I am making a daily entry confessing to the realities of what we do in serving our clients and pitching new business.
Got any confessions of your own? Send them along to me at: alan@weinkrantz dot com.
Confession #5 for Friday, April 6 "We work for the media, the bloggers, and analysts and not for you."
1. OK....this one is sure to get me into big trouble. Yes, we work for the media, the bloggers and industry analysts who could and should cover your company.
2. Our job is to be of help and service to this community so they can produce compellig and interesting content about compelling, interesting, and hopefully disruptive companies like yours.
We don't shove our clients down their throat and push them to write.
We pitch good ideas with substance, trends, research, end user stories, real customers, and real data that supports what our clients are doing and why they matter.
4. Our job is to help this community do their job, even when it means that it does not directly result in getting coverage.
5. Sometimes, we recommend briefings, just to bring a journalist up to speed in an industry segement. Maybe they will use the information; maybe they won't. It's really ok. In almost 25 years of doing this PR thing, I have learned that working for the media, the analysts and the bloggers, winds up working for our clients.
Our client, Alsbridge, today released a report which found that the operating margins of the leading U.S. outsourcing providers rapidly declined from an average 17 percent in 1974 to about 6 percent today and says competition from international providers, economic instability and strict purchasing processes share part of the blame. Read the press release here.
Our client, AudioCodes (Nasdaq:AUDC), today announced financial results for the second quarter ended June 30, 2006.
Revenues for the second quarter ended June 30, 2006 were a record $33.3 million compared to $31.3 million for the quarter ended March 31, 2006 and $28.5 million for the quarter ended June 30, 2005. Second quarter revenues grew 6.3% sequentially and increased 16.7% compared to the second quarter of 2005.
You may read the release in its entirety by clicking here.
Our client, AudioCodes (Nasdaq: AUDC), a leading provider of Voice over Packet (VoP) technologies and Voice Network products, today announced that it has entered into a definitive agreement to acquire Nuera Communications, Inc., a leading provider of Voice over Internet Protocol (VoIP) infrastructure solutions for broadband and long distance with an extensive client base in North America as well asin Asia and Europe.
"This Agreement with Nuera places AudioCodes in a stronger position inthe Cable and Voice over Broadband markets and in particular in North America and Asia," said Shabtai Adlersberg, Chairman, President and CEO ofAudioCodes. "We are also pleased to welcome Nuera's employees to the AudioCodes team. Together we will create a more capable, larger scale VoIP equipment provider in North America to serve Service Providers and support our Network Equipment Providers in cable, wireless, and wireline markets and we will offer best of breed media gateway carrier grade products to a wider group of customers."
"Joining AudioCodes, a leading independent provider of VoIP mediagateways and media servers, is a natural step for Nuera's customers and employees," said Bill Ingram, President and CEO of Nuera. "Given our success in Voice over Broadband, market trends of convergence within IMS and AudioCodes' wider suite of products, I am confident that our customers, employees and partners will be pleased with this move."
The consideration for this transaction will consist of payment of $85 million in cash to the stockholders of Nuera, subject to reduction for certain expenses, plus an earn out arrangement under which AudioCodes has agreed to pay up to an additional $5 million if Nuera achieves certain revenue milestones during the first 12 months after consummation of the transaction. Following the transaction, Nuera will become a wholly-owned subsidiary of AudioCodes
Conference Call and Web Cast
AudioCodes management will host a conference call to discuss the transaction which will be webcast live today, May 16, 2006 at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time. Investors are invited to listen to the live call by dialing 1-800-938-1019 in the United States or by dialing 1-706- 679-0777 when calling internationally. Investors worldwide may also listen to the call live via webcast by visiting AudioCodes' Website at http://www.audiocodes.com. Please go to the Website at least 15 minutes early toregister, download, and install any necessary audio software.
Our client, AudioCodes, (NASDAQ: AUDC) today announced financial results for the fourth quarter and fiscal year ended December 31, 2005.
Revenues for the fourth quarter ended December 31, 2005 were a record $30.6 million compared to $29.7 million for the quarter ended September 30, 2005 and $25.2 million for the quarter ended December 31, 2004. Fourth quarter revenues grew 3% sequentially and increased 21% compared to the fourth quarter of 2004. Net income for the fourth quarter of 2005 was $3.9 million, or $0.09 per diluted share, compared to net income of $3.5 million, or $0.08 per diluted share, in the third quarter of 2005 and $2.6 million, or $0.06 per diluted share, for the corresponding period last year.
Revenues for the year ended December 31, 2005 were a record $115.8 million compared to $82.8 million in 2004, a year-over-year increase of $33.1 million, or 40%. Net income for the year ended December 31, 2005 was $13.4 million, or $0.31 per diluted share, compared to net income of $5.0 million, or $0.12 per diluted share, in 2004.
Cash flow from operating activities was $3.4 million in the fourth quarter of 2005 and totaled $13.2 million in 2005, compared to $3.5 million in 2004.
Our client, AudioCodes (NASDAQ: AUDC), will release financial results for its fourth quarter and full year ended December 31, 2005 on Monday, January 30, 2006, after the market close. AudioCodes’ financial results will be released over the news wires, and will also be posted on the corporate Website.
On Tuesday, January 31, 2006 at 9:00 a.m. Eastern Time, AudioCodes will conduct a conference call to discuss the fourth quarter and year end 2005 results which will be simultaneously Webcast. The call will feature Shabtai Adlersberg, Chairman, President and Chief Executive Officer, Nachum Falek, Vice President of Finance and Chief Financial Officer and Ben Rabinowitz, Vice President, Marketing and Sales, North America.
Investors are invited to listen to the call live via Webcast at the AudioCodes corporate Website at http://www.audiocodes.com. Please go to the site at least 15 minutes early to register, download, and install any necessary audio software. A replay of the call will be available on the Website approximately two hours after the conference call is completed.
A Webcast of the event will be broadcast live over the Internet and a replay will be made available for 90 days following the event. To access the Webcast presentation via the Internet on January 13, 2006 at 8:30 am Eastern Time / 5:30 am Pacific Time, individuals can visit online at the Internet address detailed above. Participants are encouraged to visit the Web site at least 15 minutes prior to the presentation start time to download and install any necessary software.
Debbie Weil Debbie Weil, aka the MonaLisaOfBlogging.com, is a corporate blogging and online communications consultant and the author of the forthcoming "The Corporate Blogging Book: Absolutely Everything You Need to Know to Get It Right" for Penguin Portfolio (2006).