Radcom(RDCM) - 2023 Q1 - Quarterly Report
Radcom(RDCM)2023-02-08 20:05
Exhibit 99.1 FOR IMMEDIATE RELEASE Management Comments: Fourth Quarter 2022 Financial Highlights: RADCOM Reports Fourth Quarter and Full Year 2022 Results ● Record full year revenues of $46.1 million, 14% year-over-year growth ● Inflection point with net income of $2.9M on a non-GAAP basis (net loss of $2.3M on a GAAP basis) ● Positive cash flow of $7 million in 2022, ending the year with a record level of cash TEL AVIV, Israel – February 8, 2023 − RADCOM Ltd. (Nasdaq: RDCM) announced financial results for ...