Radcom's Q3 Earnings & Revenues Beat, Rise Y/Y, Stock Gains 12%
Radcom(RDCM) ZACKS·2024-11-14 22:56
Radcom (RDCM) reported third-quarter 2024 non-GAAP earnings per share (EPS) of 23 cents, surpassing the Zacks Consensus Estimate by 21%. The bottom line expanded 53.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues in the quarter were a record $15.8 million, beating the Zacks Consensus Estimate by 5.5%. Total revenues jumped 20% year over year. With a focus on providing advanced 5G assurance solutions and incorporating cutting-edge artificial intelligence te ...