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RADCOM's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2025-02-13 15:46
Core Insights - RADCOM Ltd. (RDCM) reported a fourth-quarter 2024 non-GAAP EPS of 23 cents, exceeding the Zacks Consensus Estimate by 21.1%, although it represented an 8% year-over-year decline [1] - The company achieved record revenues of $16.3 million in the quarter, surpassing the Zacks Consensus Estimate by 5.6%, with total revenues increasing by 16.1% year over year [2] Financial Performance - Non-GAAP net income for the quarter was $3.8 million, slightly down from $3.9 million a year ago [5] - Non-GAAP operating income rose by 6.7% year over year to $2.8 million, while operating expenses increased to $9.4 million from $8 million in the prior-year period [5] - As of December 31, 2024, RDCM had $94.7 million in cash and equivalents, with a cash flow of $12.5 million for the quarter, marking the highest cash balance in the company's history and maintaining a debt-free status [6] Strategic Initiatives - Management emphasized the strength of the company's cloud and AI-based assurance solutions, highlighting ongoing investments in R&D to enhance leadership in 5G assurance and support operators transitioning to next-generation networks [3] - On January 15, 2025, RDCM signed a multi-year agreement with Norlys to provide advanced network monitoring solutions for its 5G and 4G networks in Denmark [4] Future Outlook - RDCM provided revenue guidance for full-year 2025, expecting growth between 12% and 15%, with a midpoint of $69.2 million, indicating a 13.5% increase from 2024 [7] Market Position - RDCM currently holds a Zacks Rank 3 (Hold) and has seen its shares surge by 51.7% over the past year, outperforming the Zacks Computer – Networking industry's growth of 23.5% [8]
Radcom (RDCM) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-02-12 14:35
Company Performance - Radcom (RDCM) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.25 per share a year ago, representing an earnings surprise of 21.05% [1] - The company posted revenues of $16.26 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.61% and increasing from $14.01 million year-over-year [2] - Over the last four quarters, Radcom has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Radcom shares have increased approximately 19.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 3.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $15.5 million, and for the current fiscal year, it is $0.85 on revenues of $66.5 million [7] Industry Outlook - The Computer - Networking industry, to which Radcom belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Radcom's stock performance [5]
RADCOM Reports Record-Breaking Year with Highest-Ever Revenues and Accelerated Profit Growth
Prnewswire· 2025-02-12 12:16
Core Insights - RADCOM Ltd. achieved record-breaking financial results for 2024, marking its sixth consecutive year of revenue growth and significantly enhancing profitability [1][2][5] Financial Performance - Total revenues for 2024 reached $61 million, a year-over-year increase of over 18.2% compared to $51.6 million in 2023 [8][9] - GAAP net income for 2024 was $7 million, or $0.43 per diluted share, compared to $3.7 million, or $0.24 per diluted share in 2023 [9][18] - Non-GAAP net income for 2024 amounted to $13.5 million, or $0.83 per diluted share, up from $10.2 million, or $0.67 per diluted share in 2023 [9][18] - The fourth quarter of 2024 saw revenues of $16.3 million, a 16.1% increase from $14.0 million in Q4 2023 [9][18] Profitability and Cash Flow - Earnings per share surged by over 75% on a GAAP basis, with a positive cash flow of $12.5 million, ending the year with a record-high cash and short-term deposits balance of $94.7 million [2][8] - The company maintained a completely debt-free status [2] Strategic Developments - RADCOM secured a multi-year contract with Norlys, the owner of Telia Denmark, reinforcing its leadership in AI-driven assurance solutions [4] - The company is focused on innovation, AI, and automation, continuously investing in R&D to enhance its 5G assurance capabilities [3] Future Outlook - For 2025, RADCOM anticipates revenue growth of 12% to 15%, targeting a midpoint of $69.2 million, which represents a 13.5% increase compared to 2024 [5][8]
RADCOM to Reschedule Interactive Conference Call Initially Scheduled for February 12, 2025
Prnewswire· 2025-02-11 22:04
Group 1 - RADCOM Ltd. will publish its fourth quarter and full-year 2024 financial results on February 12, 2025, before the market opens [1][2] - The interactive conference call originally scheduled to follow the financial results announcement has been postponed due to the passing of the CEO's father [1] - A new date for the interactive conference call will be announced in the future [2] Group 2 - RADCOM is a leader in 5G-ready cloud-native network intelligence solutions for telecom operators transitioning to 5G [2] - The company's Network Intelligence suite includes RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights, providing comprehensive network analysis from RAN to core for 5G assurance [2] - RADCOM's solutions utilize automated and dynamic techniques based on machine learning to enhance customer experience understanding and troubleshoot network performance efficiently [2]
RADCOM Announces Integration with ServiceNow to Automate Service and Complaint Resolution for Telecom Operators
Prnewswire· 2025-02-11 12:00
Core Insights - RADCOM Ltd. has announced the integration of its RAN Analytics Solution with ServiceNow, utilizing AIOps to enhance network efficiency and customer satisfaction through automated complaint resolution [1][3][5] Group 1: Integration and Technology - The integration leverages AI and machine learning to automatically identify and resolve network issues based on live contact center interactions, significantly reducing the workload for network engineers [3][4] - The solution automates service ticket resolution tasks and prioritizes complaints based on customer impact scores, improving the efficiency of technical support processes [4][5] Group 2: Market Opportunity and Collaboration - The partnership with ServiceNow is seen as a critical step for RADCOM to expand its service management and customer care portfolio, aiming to deliver advanced technologies that reduce costs and enhance customer value [5][6] - ServiceNow's partner ecosystem plays a vital role in supporting the market opportunities for its platform, helping customers transform their businesses [2][5] Group 3: Company Overview - RADCOM specializes in 5G-ready cloud-native network intelligence solutions, providing tools for telecom operators transitioning to 5G, including network visibility, service assurance, and network insights [6][7] - The company's solutions are designed to deliver comprehensive network analysis and troubleshooting capabilities, optimizing customer experience while minimizing resource utilization [7]
Radcom (RDCM) Moves 14.5% Higher: Will This Strength Last?
ZACKS· 2025-02-06 10:31
Core Viewpoint - Radcom (RDCM) shares experienced a significant increase of 14.5% in the last trading session, closing at $14.79, driven by strong trading volume and healthy demand for its 5G assurance solutions integrated with AI capabilities [1][2]. Group 1: Company Performance - Radcom recorded a 20% year-over-year revenue growth, reaching $15.8 million in the third quarter [4]. - The company has raised its revenue guidance for 2024 to a range of $59-$62 million, an increase from the previous estimate of $58-$61 million [4]. - The upcoming quarterly earnings are expected to be $0.19 per share, reflecting a year-over-year decline of 24%, with revenues projected at $15.4 million, a 9.9% increase from the same quarter last year [4]. Group 2: Strategic Developments - The acquisition of Continual in May 2023 has enhanced Radcom's service assurance portfolio, leading to a significant multi-year deal with a North American operator for its mobility experience analytics solution [3]. - Strong relationships with key customers such as AT&T, DISH, and Rakuten Mobile position Radcom for long-term growth [3]. Group 3: Market Trends and Expectations - The consensus EPS estimate for Radcom has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [6]. - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a cautious outlook [6].
RADCOM Wins Fierce Network Innovation Award for Best Network Test & Measurement Solution
Prnewswire· 2025-01-29 12:00
Fierce Network has recognized the RADCOM Virtual Drive Test as the best in its categoryTEL AVIV, Israel, Jan. 29, 2025 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today that the Fierce Network Innovation Awards recently selected it as the Network Test and Measurement category winner.The award honored the RADCOM Virtual Drive Test solution's innovative approach to gathering real-time subscriber insights. Utilizing advanced artificial intelligence (AI) accurately reconstructs transportation routes an ...
RDCM's RADCOM ACE Chosen by Norlys to Monitor its Networks in Denmark
ZACKS· 2025-01-15 15:20
RADCOM Ltd. (RDCM) has signed a new multi-year agreement with Norlys, the owner of Telia Denmark, to provide advanced network monitoring solutions. Norlys will use RADCOM ACE to oversee customer experiences across its 5G and 4G networks in Denmark.The RADCOM ACE platform offers end-to-end network monitoring — from the radio access network (RAN) to the core. This vendor-agnostic solution will provide Norlys with valuable insights, allowing engineers to optimize network performance and ensure top-notch servic ...
RADCOM to Report Fourth Quarter and Full Year 2024 Results on February 12, 2025
Prnewswire· 2025-01-15 12:00
Company Overview - RADCOM Ltd. is a leading expert in 5G ready cloud-native network intelligence solutions for telecom operators transitioning to 5G [3] - The company's Network Intelligence suite includes RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights, providing comprehensive network analysis from RAN to core for 5G assurance [3] Financial Results Announcement - RADCOM will report its financial results for the fourth quarter and full year 2024 on February 12, 2025, before the opening of trade on the Nasdaq Stock Market [1] - An interactive conference call will be held on the same day at 8:00 AM ET to discuss the results and answer questions from participants [2] Conference Call Details - The conference call can be accessed via a toll-free number from the US and a local number from other locations, with a replay available on the company's investor relations website [2] - A live webcast of the presentation will be available and archived for 90 days following the live event [2]
RADCOM Selected by Norlys (Telia Mobil Danmark A/S) to Monitor its 5G and 4G Networks
Prnewswire· 2025-01-14 12:00
TEL AVIV, Israel, Jan. 14, 2025 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM) announced today that it has secured a new multi-year contract with Norlys, the owner of Telia Denmark. This contract provides Norlys with RADCOM's best-in-class automated solution - RADCOM ACE - to monitor customer experiences across 5G and 4G networks. RADCOM ACE will comprehensively monitor Norlys' entire network across Denmark, end-to-end, from the radio access network (RAN) to the core. The RADCOM solution will deliver crucial ve ...