Radcom's (RDCM) Q1 Earnings Meet Estimates, Revenues Up Y/Y
Radcom(RDCM) zacks.com·2024-05-16 22:15
Radcom (RDCM) reported first-quarter 2024 non-GAAP earnings per share (EPS) of 18 cents, meeting the Zacks Consensus Estimate. The bottom line increased 50% year over year.Revenues in the quarter totaled $14.1 million, beating the Zacks Consensus Estimate by 4.62%. Total revenues soared 17.5% year over year. This upside underscores RADCOM's continued success in expanding its market presence and driving revenue growth.Non-GAAP net income for the quarter increased to $2.8 million from $1.8 million in the prio ...