Customer Concentration and Revenue - The two largest customers accounted for approximately 77% of the company's revenue in fiscal year 2022[37]. - Large customers possess significant negotiating leverage, potentially leading to unfavorable terms that could adversely affect revenue and operational efficiency[49]. - Approximately 97% of the company's sales in 2022 were generated outside of Israel, highlighting its significant international presence[85]. - North America accounted for 49.8% of total revenues in 2022, while Asia contributed 27.2% and EMEA (including Israel) contributed 16.6%[186]. Market and Competitive Landscape - The company plans to focus expansion efforts on tier 1 and leading innovative communication service providers in North America, Europe, and Asia-Pacific markets[23]. - The company may face increased competition from existing and potential competitors with greater resources and market recognition[38]. - The competitive landscape includes major players like NetScout, Infovista, and Huawei, with the company differentiating itself through advanced technology and cloud-native solutions[187]. - The company is focusing sales efforts on Tier 1 and Greenfield Operators in North America and Europe, but success is not guaranteed due to competitive pressures[50]. Technology and Product Development - The company provides 5G ready cloud-native network intelligence and service assurance solutions for Communication Service Providers (CSPs) to support the launch and operation of 5G networks[122]. - RADCOM ACE, the company's flagship 5G automated assurance solution, is designed to deliver end-to-end network intelligence and AI-driven insights for 5G operations, ensuring a seamless transition for CSPs' customers to 5G networks[125]. - The company’s solutions utilize AI and ML for automated anomaly detection and root cause analysis, enhancing network intelligence and customer experience[177]. - The company has secured contracts with major operators including AT&T, Dish, and Rakuten, enhancing their 5G service quality and customer experience through real-time analytics and automated assurance solutions[130][136][149]. Financial Performance and Challenges - The company incurred net losses of approximately $2.3 million, $5.3 million, and $4.0 million in 2022, 2021, and 2020 respectively, indicating ongoing challenges in achieving profitability[84]. - Quarterly results may fluctuate significantly due to factors such as customer purchase timing, long sales cycles, and competitive conditions, impacting share price[51]. - Current market conditions, including inflation and geopolitical issues, may slow CSP investments and impact the company's growth and financial health[58]. - The company has experienced a non-linear sales pattern, with higher order volumes typically occurring at the end of quarters, complicating revenue predictions[55]. Research and Development - The company received an aggregate of $48.4 million in royalty-bearing grants for research and development activities, which imposes ongoing financial obligations[79]. - Significant investments in research and development were made to enhance automation deployment capabilities and advanced ML techniques for network anomaly detection[193]. - The company expects to continue significant investment in 2023 to develop new features and modular solutions for the service assurance market[195]. - In 2023, the company plans to increase investment in research and development and sales and marketing efforts, targeting Tier 1 and Greenfield Operators transitioning to 5G networks[156]. Operational Risks and Compliance - The company may face penalties if it fails to meet service levels under warranty and extended maintenance agreements, which could impact financial condition[74]. - The company is exposed to risks associated with currency fluctuations, as a significant portion of its expenses is incurred in New Israeli Shekels while revenues are primarily in U.S. dollars[89]. - The company is subject to potential claims of infringement of third-party intellectual property, which could lead to significant financial and managerial resource expenditures[81]. - Compliance with privacy and data security laws, such as GDPR and CCPA, may increase operational costs and impact competitiveness[111][112]. Global Economic Impact - Economic and political instability in emerging markets could adversely affect revenue generation and operational results[59]. - Global economic conditions may negatively impact the telecommunications sector, leading to reduced consumer spending and affecting sales[109]. - The telecommunications industry has experienced financial pressures, leading to reduced investment in capital-intensive projects by some communication service providers[45]. Employee Relations and Operations - The company has never experienced a strike or work stoppage and considers its relations with employees to be good[205]. - The total headcount as of December 31, 2022, was 284, including employees and contractors[205]. - The company currently leases approximately 22,830 square feet of office space in Tel Aviv, Israel[213]. - The company provides benefits in the United States averaging approximately 19.1% of the employee's base salary[210].

RADCOM Ltd. (NASDAQ:RDCM) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Eyal Harari - Chief Executive Officer Hadar Rahav - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company Faith Brunner - William Blair Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Limited Results Conference Call for the Fourth Quarter and Full Year 2022. All participants are present in a listen-only mode. Following management's form ...

Q4-22 CONFERENCE CALL February 8, 2023 Introduction and safe harbor CFO – Hadar Rahav, Chief Financial Officer SAFE HARBOR PROVISION NON-GAAP FINANCIAL MEASURES 4 Revenues for the fourth quarter of 2022 were $12.3 million 2023 revenue guidance range of $50-$53 million !^DCOM (in thousands of U.S. dollars, except per share data) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-------|-----------------------------------------|-------|------------------- ...

Exhibit 99.1 FOR IMMEDIATE RELEASE RADCOM Reports Fourth Quarter and Full Year 2022 Results TEL AVIV, Israel – February 8, 2023 − RADCOM Ltd. (Nasdaq: RDCM) announced financial results for the fourth quarter and full year ended December 31, 2022. Management Comments: Eyal Harari, RADCOM's Chief Executive Officer, commented, "The fourth quarter was a solid finish for a record year as we expanded our install base with multiple top-tier mobile operators. In 2022, we grew by 14%, a third consecutive year of rev ...

RADCOM Ltd. (NASDAQ:RDCM) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET Company Participants Eyal Harari - CEO Hadar Rahav - CFO Conference Call Participants Arjun Bhatia - William Blair Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Ltd. Results Conference Call for the Third Quarter of 2022. All participants are present in a listen-only mode. Following management's formal presentation, instructions for the question-and-answ ...

RADCOM Q3-22 CONFERENCE CALL November 10, 2022 AGENDA Introduction and safe harbor CEO – Eyal Harari, Chief Executive Officer CFO – Hadar Rahav, Chief Financial Officer Q&A SAFE HARBOR PROVISION Certain statements made herein that use words such as "estimate" , "project" , "intend", "expect", "believe", "may", "might", "predict", "potential", "anticipate", "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1 ...

RADCOM Ltd (NASDAQ:RDCM) Q2 2022 Earnings Conference Call August 10, 2022 8:00 AM ET Company Participants Eyal Harari - CEO Hadar Rahav - CFO Conference Call Participants Alex Henderson - Needham and Company Arjun Bhatia - William Blair Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Ltd. Results Conference Call for the Second Quarter of 2022. [Operator Instructions] As a reminder, this conference is being recorded and will be available for replay on the company's website at ...

RADCOM Q1-22 CONFERENCE CALL May 12, 2022 AGENDA Introduction and safe harbor CEO – Eyal Harari, Chief Executive Officer CFO – Hadar Rahav, Chief Financial Officer Q&A SAFE HARBOR PROVISION Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "'believe,"" may," "might," " potential," "anticipate," "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other se ...

RADCOM Ltd. (NASDAQ:RDCM) Q1 2022 Results Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Eyal Harari - Chief Executive Officer Hadar Rahav - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Limited Results Conference Call for the First Quarter of 2022. All participants are at present in a listen-only mode. Following managementÂ's formal presentation, instructions will be gi ...

Customer Concentration and Market Presence - The company’s three largest customers accounted for approximately 88% of its revenue in fiscal year 2021[36]. - Approximately 94% of the company's sales in 2021 were generated outside of Israel, highlighting its significant international presence[89]. - The company has expanded its customer base to include major operators like AT&T, Beeline, Globe, Rakuten, and Telefonica, receiving multiple industry awards for its innovative solutions[131]. - In 2021, North America accounted for $21.8 million in revenue, while Asia contributed $14.7 million, indicating a strong market presence in these regions[178]. Strategic Focus and Growth Opportunities - The company plans to focus its expansion efforts on tier 1 and other leading communication service providers in North America, Europe, and Asia-Pacific markets[21]. - The company expects the cloud-native virtualized network environments and transition to 5G networks market to gain momentum[21]. - The company’s future success depends on the continued growth of the telecommunications industry, particularly in sectors like 5G and IoT[43]. - The company aims to be the global market leader in 5G network intelligence solutions, leveraging its expertise in cloud-native fully virtualized network deployments to enhance sales[154]. - Future growth is anticipated to be driven by the deployment of 5G by leading CSPs[215]. Financial Performance and Risks - The company incurred net losses of approximately $5.3 million, $4 million, and $6.8 million in 2021, 2020, and 2019 respectively, indicating ongoing challenges in achieving profitability[87]. - Quarterly results have historically shown significant fluctuations, which may continue to affect share price and financial stability[51]. - Revenue recognition may be delayed due to customer acceptance processes, potentially impacting quarterly revenue predictions[55]. - The company’s revenues are often derived from a small number of high-value orders, making them vulnerable to significant impacts from order losses or delays[54]. - Economic and political developments in emerging markets could adversely affect revenue generation from those regions[59]. - Global economic conditions could adversely affect the telecommunications sector, leading to reduced consumer spending and impacting sales[111]. Competition and Market Challenges - The company may face intense competition in the market for service assurance and customer experience management solutions, which could affect revenues and profitability[37]. - The strategy to focus sales efforts on Tier 1 and Greenfield Operators in North America and Europe may not guarantee success, as the selection of solutions by these customers is uncertain[50]. - The company faces substantial negotiating leverage from large customers, which may lead to unfavorable terms that could decrease revenues and increase order conversion times[49]. - The complexity of solutions for larger CSPs increases operational risks, including potential project failures and contractual penalties[73]. Technology and Innovation - The company provides 5G ready cloud-native network intelligence and service assurance solutions for Communication Service Providers (CSPs) to support their transition to virtualization and 5G networks[124]. - RADCOM ACE, launched in August 2020, is an automated, containerized, end-to-end assurance solution for 5G networks, designed to ensure optimal quality and improve operational efficiency through automation[144]. - The company’s advanced cloud-native architecture allows for dynamic service deployment across private and public clouds, facilitating a hybrid approach for operators[126]. - The company’s solutions leverage AI and Machine Learning capabilities to provide real-time insights and improve network performance, enhancing customer experience[137]. - The company has increased investments in automation and machine learning techniques to better analyze network traffic expected from 5G rollouts[186]. Research and Development - The company has received an aggregate of $48.4 million in royalty-bearing grants for research and development activities, which obligates it to pay royalties on revenues from products developed under this program[81]. - The company plans to continue significant investments in R&D in 2022 to develop new features and solutions for the transition to 5G networks[187]. - The company anticipates continued investment in research and development to enhance its solutions and expand its market presence in the evolving telecommunications landscape[147]. Operational and Compliance Risks - The company may face challenges in complying with Section 404 of the Sarbanes-Oxley Act, which could negatively impact investor confidence and the market price of shares[118]. - Compliance with privacy and data security laws, such as GDPR and CCPA, may increase operational costs and affect competitiveness[113][114]. - The company is subject to potential claims of infringement of third-party intellectual property, which could require significant financial and managerial resources to address[84]. - The transition from LIBOR to SOFR may increase the company's financial liabilities related to grants received from the IIA, although the exact impact is currently uncertain[82]. Employee and Operational Structure - The company has a total headcount of 278 employees and contractors as of December 31, 2021[198]. - Employee benefits in the United States average approximately 19.1% of base salary, while in Brazil, they range from 3% to 13%[204]. - In India, employee benefits amount to 28% of salary, including health coverage and education funds[205]. - The company operates through subsidiaries in the US, Brazil, and India, focusing on sales, marketing, and customer support[206]. Real Estate and Facilities - The company leases approximately 22,830 square feet of office space in Tel Aviv, with annual lease payments of about $707,000[208]. - Additional leased spaces include 5,946 square feet in New Jersey with payments of approximately $123,000, and smaller offices in Brazil and India[209].