AudioCodes announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2016. Revenues for the fourth quarter of 2016 were $37.8 million, compared to $37.2 million for the third quarter of 2016 and $35.6 million for the fourth quarter of 2015. Net income was $14.8 million, or $0.44 per diluted share, for the fourth quarter of 2016 compared to $2.8 million, or $0.07 per diluted share, for the fourth quarter of 2015. On a non-GAAP basis, quarterly net income was $2.6 million, or $0.08 per diluted share, compared to $2.8 million, or $0.07 per diluted share, in the fourth quarter last year. Operating income was $3.587 million against $2.463 a year ago. Net cash provided by operating activities was $6.691 million against $7.706 million a year ago. Purchase of property and equipment was $0.288 million against $0.299 million a year ago. Revenues were $145.6 million in 2016 compared to $139.8 million in 2015. Net income in 2016 was $16.2 million or $0.45 per diluted share, compared to $366,000, or $0.01 per diluted share, in 2015. Non-GAAP net income in 2016 was $9.4 million, or $0.26 per diluted share, compared to $5.9 million, or $0.14 per diluted share, in 2015. Net cash provided by operating activities was $6.7 million for the fourth quarter of 2016 and $18.3 million for 2016. Operating income was $7.754 million against $2.706 million a year ago. Net cash provided by operating activities was $18.342 million against $17.562 million a year ago. Purchase of property and equipment was $1.477 million against $1.976 million a year ago.