RADCOM (RDCM) Expected to Announce Earnings on Wednesday

RADCOM (NASDAQ:RDCM - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $15,405.50 billion for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

RADCOM Stock Performance

Shares of RDCM traded up $0.62 during midday trading on Wednesday, hitting $14.13. 79,426 shares of the stock were exchanged, compared to its average volume of 87,908. RADCOM has a 52-week low of $8.25 and a 52-week high of $14.32. The stock has a fifty day simple moving average of $12.15 and a 200 day simple moving average of $10.75. The firm has a market cap of $221.28 million, a P/E ratio of 30.06 and a beta of 0.89.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on RDCM shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $16.00 target price on shares of RADCOM in a research report on Friday, January 17th. StockNews.com cut shares of RADCOM from a "strong-buy" rating to a "buy" rating in a report on Saturday, January 11th.

RADCOM Company Profile

RADCOM Ltd. 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.