Benzinga | Nov 10, 2020 07:30AM EST

Radcom: Q3 Earnings Insights



Shares of Radcom (NASDAQ:RDCM) fell 1.6% after the company reported Q3 results.

Quarterly Results

Earnings per share increased 128.57% year over year to $0.02, which beat the estimate of ($0.54).

Revenue of $9,829,000 rose by 4.69% year over year, which missed the estimate of $87,510,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $35,000,000 and $38,000,000.

Details Of The Call

Date: Nov 10, 2020

Time: 08:00 AM

ET Webcast URL: https://www.radcom.com/presentations-and-conference-calls

Recent Stock Performance

Company's 52-week high was at $10.30

52-week low: $5.23

Price action over last quarter: down 12.86%

Company Description

Radcom Ltd provides service assurance and customer experience management solutions to leading telecom operators and communication service providers. It specializes in solutions for next-generation mobile and fixed networks and mobile broadband. The company's products are categorized in maveriq service assuarance, cem solution and performer friendly network analyzers business lines. The firm's network is spread in the United States, Brazil, and India.