RADCOM (NASDAQ:RDCM) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

RADCOM (NASDAQ:RDCM) issued its quarterly earnings data on Tuesday. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.01, MarketWatch Earnings reports. RADCOM had a negative return on equity of 6.40% and a negative net margin of 12.72%. RADCOM updated its FY 2021 guidance to – EPS.

Shares of NASDAQ RDCM traded down $0.23 during trading on Wednesday, hitting $9.37. The company had a trading volume of 18 shares, compared to its average volume of 26,004. The company has a market cap of $130.53 million, a P/E ratio of -29.09 and a beta of 1.07. RADCOM has a 52 week low of $6.62 and a 52 week high of $12.65. The business’s 50-day moving average is $9.47 and its 200 day moving average is $9.81.

Separately, Zacks Investment Research upgraded RADCOM from a “sell” rating to a “hold” rating in a research report on Wednesday, April 21st.

RADCOM Company Profile

RADCOM Ltd. provides 5G ready cloud-native network intelligence and service assurance solutions for telecom operators or communication service providers (CSPs). The company provides RADCOM ACE comprise RADCOM Service Assurance, a cloud-native, 5G-ready, fully virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.

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Earnings History for RADCOM (NASDAQ:RDCM)

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