 Insider Analysis: Audiocodes — How a VoIP Provider Becomes an AI Company Insiders at Audiocodes (AUDC) sold shares at $8.54 on May 5 — the CFO and EVP in sync. At first glance, a red flag. But the date is no coincidence: on May 5, the company reported Q1 2026 results. What's in the report: — Revenue $62.1M (+2.9% YoY) — modest — Net profit declined — investments in AI transformation — Voice AI & Live ARR reached $80M — Backlog $79M — 2026 target: Voice AI growth of 40-50% The picture: Audiocodes is shifting its business from traditional VoIP equipment to AI solutions for voice communications. Recurring revenue (subscriptions) is growing, and capital expenditures on AI are paying off through ARR. Insider sales: planned, not panicked — both managers sold at the same price on the day of the report. A typical practice of "closing the window after the earnings blackout period." What this means for us: The enterprise AI communications market is heating up. Audiocodes is one of the benchmarks. If their Voice AI ARR grows by 40%+ over the year, it confirms demand for AI agents in B2B communications. A direct signal for our positioning of ASI Biont. → https://asibiont.com/