RADCOM Delivers Strong First Quarter Results with 17.5% Y-o-Y Revenue Growth
RDCMRadcom(RDCM) Prnewswire·2024-05-15 19:00

Continues its Strategy for Profitable Growth Achieves Highest Ever Company Cash Level of 85.3MillionTELAVIV,Israel,May15,2024/PRNewswire/−−RADCOMLtd.(NASDAQ:RDCM)announcedfinancialresultsforthefirstquarterendedMarch31,2024.FirstQuarter2024FinancialHighlights:Totalrevenuesforthefirstquarterwere85.3 Million TEL AVIV, Israel, May 15, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM) announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues for the first quarter were 14.1 million, compared to 12.0millioninthefirstquarterof2023,17.512.0 million in the first quarter of 2023, 17.5% year-over-year growth. GAAP net income for the first quarter was 0.8 million, or $0.05 per diluted sha ...