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Radcom's Steady And Profitable Revenue Growth Is Being Overlooked
Seeking Alpha· 2024-08-09 09:52
Jonathan Kitchen (in thousands of U.S. dollars, exc tept per share data) ended Six months ended June 30, 2023 12.572 24,095 14.800 Cost of revel 3,794 3,480 7 /545 6,828 Gross profit 21,379 17,567 Gross profit "! 74% 72% 74% 72% 4,621 4,952 9,214 9,721 _382 Less - royalty-bearing particip 180 180 442 lessarch and development, na 4,441 4,772 8.825 9,279 Sales and marketing 4,325 3.354 8.610 6.664 2.444 1,361 1,215 3,374 10,127 9,338 18,387 20,809 880 (446) 570 (820) 854 2 286 1,260 1,950 Income (loss) before ...
Radcom(RDCM) - 2024 Q2 - Earnings Call Transcript
2024-08-07 18:05
RADCOM Ltd. (NASDAQ:RDCM) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Hilik Itman - Interim Chief Executive Officer Hadar Rahav - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Limited Results Conference Call for the Second Quarter of 2024. All participants are present in a listen-only mode. Following management's formal pre ...
Radcom(RDCM) - 2024 Q2 - Earnings Call Presentation
2024-08-07 14:32
RADCCM RADCOM Q2-2024 CONFERENCE CALL August 7th, 2024 AGENDA ▪ Introduction and safe harbor ▪ Hilik Itman, Interim Chief Executive Officer ▪ Hadar Rahav, Chief Financial Officer ▪ Q&A SAFE HARBOR PROVISION • Forward-looking statements in the conference call involve several risks and uncertainties, including, but not limited to, the Company's statements about 5G and launches, demand for the Company's products and services, sales opportunities, sales cycles, and pipeline, momentum, maintaining and increasing ...
Radcom (RDCM) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-07 13:31
Radcom (RDCM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this monitoring service for the communications industry would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise. Over the last f ...
Radcom(RDCM) - 2024 Q2 - Quarterly Report
2024-08-07 11:05
Exhibit 99.1 FOR IMMEDIATE RELEASE Key highlights Q2 2024: RADCOM Delivers 20% YoY Revenue Growth and EPS up by 120% Reaf irming Company's Commitment to Profitable Growth and Long-Term Shareholder Value ● Highest quarterly revenues of $14.8 million ● Record half-year revenue and profitability ● Peak cash level of $86.1 million TEL AVIV, Israel – August 7, 2024 − RADCOM Ltd. (Nasdaq: RDCM), an industry leader in automated assurance and intelligent analytics for telecom operators transitioning to 5G, announce ...
Radcom (RDCM) Moves 6.4% Higher: Will This Strength Last?
ZACKS· 2024-08-01 07:45
Radcom (RDCM) shares ended the last trading session 6.4% higher at $10.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.5% gain over the past four weeks. The increase in share price can attributed to the strength in demand for the company's AI-powered analytics solutions including the RADCOM ACE product line. Renewal of a multi-year deal with Rakuten Mobile along with an extension of the contract for RADCOM AC ...
RADCOM to Host Second Quarter 2024 Conference Call and Webcast on Wednesday, August 7, 2024, at 8:00 AM
Prnewswire· 2024-07-17 11:00
TEL AVIV, Israel, July 17, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) today announced that it will report its financial results for the second quarter, which ended June 30, 2024, on Wednesday, August 7, 2024, before the opening of trade on the Nasdaq Stock Market. RADCOM's management will host an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Daylight Time) to discuss the financial results and answer participants' questions. Live webcast: A live webcast of the prese ...
RADCOM Secures Over $45M in New Contracts Since the Beginning of 2024
Prnewswire· 2024-06-06 11:02
TEL AVIV, Israel, June 6, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced that it has secured over $45 million in new contracts since the beginning of 2024. This significant achievement validates the company's strategy for growing the business and increasing revenue through RADCOM's innovative solutions, especially with the transition to 5G and cloud-based networks. Mr. Hilik Itman, RADCOM's interim Chief Executive Officer, commented, "Securing over $45 million in new contracts strengthens our pos ...
Radcom's (RDCM) Q1 Earnings Meet Estimates, Revenues Up Y/Y
zacks.com· 2024-05-16 14:15
Radcom (RDCM) reported first-quarter 2024 non-GAAP earnings per share (EPS) of 18 cents, meeting the Zacks Consensus Estimate. The bottom line increased 50% year over year. Revenues in the quarter totaled $14.1 million, beating the Zacks Consensus Estimate by 4.62%. Total revenues soared 17.5% year over year. This upside underscores RADCOM's continued success in expanding its market presence and driving revenue growth. Non-GAAP net income for the quarter increased to $2.8 million from $1.8 million in the pr ...
Radcom(RDCM) - 2024 Q1 - Earnings Call Transcript
2024-05-15 14:40
RADCOM Ltd. (NASDAQ:RDCM) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Hilik Itman - Interim CEO Hadar Rahav - CFO Conference Call Participants Alex Henderson - Needham & Company Arjun Bhatia - William Blair Jeff Meyers - Cobia Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Limited Results Conference Call for the First Quarter of 2024. All participants are present in a listen-only mode. Following management's formal presentation, inst ...