 LOD, Israel, April 27, 2021 PRNewswire -- First Quarter Highlights Quarterly revenues increased by 13.1 year-over-year to 58.8 million; Quarterly service revenues increased by 23.3 year-over-year to 21.8 million; GAAP results:- Quarterly GAAP gross margin was 68.4; - Quarterly GAAP operating margin was 17.2; and- Quarterly GAAP net income was 10.0 million, or 0.29 per diluted share; Non-GAAP results:- Quarterly Non-GAAP gross margin was 68.7;- Quarterly Non-GAAP operating margin was 22.5; and- Quarterly Non-GAAP net income was 12.7 million, or 0.37 per diluted share; Net cash provided by operating activities was 13.0 million for the quarter. AudioCodes declared a cash dividend of 16 cents per share. 