Yes. But, there are a couple of things to consider. First off, the only audio output this TV has is the digital/toslink output, so you could run this to a sound bar, or some other device that will accept digital audio.
Not having that, I ended up buying a cheapo $10 Digital-to-Audio converter off EBAY, which allowed me to hook up a set of computer speakers. While not perfect, they improved the sound output considerably. If you go this route make sure you have a set of powered speakers. I don't think there'd be enough juice to drive some dynamic speakers.