Radcom(RDCM)

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Radcom: Undervalued Stock With 5G Growth Opportunity
Seeking Alpha· 2024-12-03 14:19
In today's market, it's hard to find stocks that trade at multiples of 14 and are also growing at a double-digit rate in revenue. Radcom (NASDAQ: RDCM ) is one of the few that trades at a low multiple, with double-digitI am a 33-year-old investor and former hedge fund trader with a background in software engineering and finance. My career began in a small investment house where I trained as an analyst, gaining fundamental insights into the financial markets. I then transitioned into programming, working as ...
RADCOM to Participate in the Benchmark 13th Annual Discovery One-on-One Investor Conference
Prnewswire· 2024-11-27 12:00
TEL AVIV, Israel, Nov. 27, 2024 /PRNewswire/ -- RADCOM LTD (NASDAQ: RDCM) announced today that Hadar Rahav, Chief Financial Officer, will participate in the Benchmark 13th Annual Discovery One-on-One Investor Conference scheduled to be held on Wednesday, December 11, 2024, in New York.Mrs. Rahav will be available on-site for one-on-one investor meetings. To schedule a meeting, please get in touch with your Benchmark representative.About RADCOMRADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-nat ...
What Makes Radcom (RDCM) a New Buy Stock
ZACKS· 2024-11-25 18:01
Radcom (RDCM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing ...
Radcom Ltd.: Resurgence In 5G And AI (Rating Upgrade)
Seeking Alpha· 2024-11-14 15:57
I first took a look at RADCOM Ltd. (NASDAQ: RDCM ) in August 2023. The company is based in Tel Aviv, Israel, with a U.S. outpost in Paramus, New Jersey. For a modest market cap stock, they're a major player in the field of cloud-native, automatedThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering ...
Radcom's Q3 Earnings & Revenues Beat, Rise Y/Y, Stock Gains 12%
ZACKS· 2024-11-14 14:56
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 ...
Radcom(RDCM) - 2024 Q3 - Earnings Call Transcript
2024-11-13 18:01
Financial Data and Key Metrics Changes - The company achieved record quarterly revenues of $15.8 million, representing a 20% increase compared to the same quarter in 2023 [10][27] - Non-GAAP net income for the third quarter was $3.7 million, with a non-GAAP net margin of 24%, which grew by 6% year-over-year [27][32] - GAAP net income was $2.3 million, up from a net loss of $0.3 million in the same quarter of 2023 [27][32] - Non-GAAP gross margin was 75%, with expectations for the fourth quarter to remain at a similar level [28] - Operating profit on a non-GAAP basis reached $2.6 million, growing by 92% from the previous year [31] Business Line Data and Key Metrics Changes - The acquisition of Continual in May 2023 contributed significantly to securing a seven-figure multi-year contract with a North American operator [25][11] - The company is seeing strong demand for its cloud-based automated assurance and AI capabilities, reflected in a healthy sales pipeline [13][14] Market Data and Key Metrics Changes - Operators are continuing to invest in their networks and advancing their 5G deployments, particularly in North America and Europe [12][42] - The transition to 5G standalone is progressing, with increased maturity among operators, especially in North America and Europe [12][42] Company Strategy and Development Direction - The company is focused on innovation and leveraging AI to meet customer needs and drive efficiencies [14][18] - The appointment of a new CEO is expected to enhance the company's growth strategy and market positioning [7][8] - The company aims to increase market share by leveraging its healthy sales pipeline and advanced AI capabilities [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a fifth consecutive year of revenue growth and increased profitability, raising the 2024 revenue guidance to $59 million to $62 million [22] - The company is well-positioned to meet evolving customer needs in the 5G market, with a strong focus on product innovations [22][18] Other Important Information - The company received a grant of $182,000 from the Israel Innovation Authority, which increased by 75% compared to the previous year [30] - The company was recognized in the Best AI/ML Innovation category for the Global Connectivity Award [21] Q&A Session Summary Question: Can you elaborate on the new seven-figure deal with the North American operator? - The Continual acquisition was complementary to the platform, enhancing the ability to provide advanced insights from the network [35] Question: What does the expansion path look like for that customer? - The contract is multi-year, with revenue recognition starting in 2025 [36] Question: How should we think about 2025's growth potential? - The company expects continued growth and has a healthy backlog, with about 70% of revenue being recurring [38] Question: Can you characterize the different geographical opportunities? - The main focus is on North America and Europe, where 5G standalone and cloud technologies are advancing [42] Question: Is most of the demand coming from voice over new radio or data applications? - The most interest is in voice over new radio, as it is critical during the transition [44]
Radcom(RDCM) - 2024 Q3 - Earnings Call Presentation
2024-11-13 17:07
RADCGM RADCOM Q3-2024 CONFERENCE CALL November 13th, 2024 AGENDA ▪ Introduction and safe harbor ▪ Hilik Itman, Interim Chief Executive Officer ▪ Hadar Rahav, Chief Financial Officer ▪ Q&A SAFE HARBOR PROVISION 3 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 ...
Radcom (RDCM) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-13 14:20
Radcom (RDCM) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.05%. A quarter ago, it was expected that this monitoring service for the communications industry would post earnings of $0.15 per share when it actually produced earnings of $0.20, delivering a surprise of 33.33%.Over th ...
RADCOM Achieves 20% Year-over-Year Revenue Growth and Reaches a Record $90.2 Million Cash Level
Prnewswire· 2024-11-13 12:05
Appointed Mr. Benny Eppstein as its new Chief Executive Officer, Effective December 1st, 2024TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM) announced today its financial results for the third quarter ended September 30, 2024.Third-quarter 2024 highlights: Revenue for the third quarter was $15.8 million, up 20% year-over-year, a new company record GAAP net income was $2.3 million, or $0.14 diluted EPS, compared to a net loss of $0.3 million or $0.02 diluted EPS for the third quar ...
RADCOM Names Benny Eppstein as New CEO, Effective December 1st, 2024
Prnewswire· 2024-11-13 12:00
TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today the appointment of Mr. Eppstein as its new Chief Executive Officer, effective December 1st, 2024. Mr. Eppstein is a seasoned telecom industry veteran with a distinguished track record at Ericsson and Amdocs. He is a U.S. resident with over 20 years of sales experience working with tier-one telecom operators in North America and Japan. RADCOM Names Benny Eppstein as its new CEO Mr. Eppstein held several leadership ...