RADCOM Q1 2024 Earnings Report

RADCOM EPS Results

• Actual EPS: $0.06
• Consensus EPS: $0.10
• Beat/Miss: Missed by -$0.04
• One Year Ago EPS: N/A

RADCOM Revenue Results

• Actual Revenue: $14.12 million
• Expected Revenue: $13.50 million
• Beat/Miss: Beat by +$620.00 thousand
• YoY Revenue Growth: N/A

RADCOM Announcement Details

• Quarter: Q1 2024
• Date: 5/15/2024
• Time: N/A

RADCOM (NASDAQ:RDCM) provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance. The company also provides solutions for mobile and fixed networks, such as 5G, long term evolution (LTE), voice over LTE, voice over Wifi, IP multimedia subsystem, voice over IP, and universal mobile telecommunication service. It sells its products directly to customers through executives and sales representatives, as well as through a network of distributors and resellers in North America, Asia Pacific, Latin America, Europe, the Middle East, Africa, and Israel. The company was formerly known as Big Blue Catalogue Ltd. and changed its name to RADCOM Ltd. in 1989. RADCOM Ltd. was incorporated in 1985 and is headquartered in Tel Aviv, Israel.