Management to hold a conference call on the same day at 8:00 AM ET TEL AVIV, Israel, Oct. 30, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today that it will report its financial results for the third quarter, which ended September 30, 2024, on Wednesday, 13, November 2024, before the opening of trade on the Nasdaq Stock Market. RADCOM's management will hold an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Standard Time) to discuss the results and answer pa ...

Radcom (RDCM) shares rallied 6.6% in the last trading session to close at $10.73. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5% gain over the past four weeks. The increase in share price can attributed to the strength in demand for the company's cloud-powered automated assurance and intelligence analytics solutions including the RADCOM ACE product line. Network operators are exploring next-generation clo ...

TEL AVIV, Israel, Sept. 6, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today that after 14 years, Ms. Heli (Rachel) Bennun has decided to step down from her role as Executive Chairman, effective December 31, 2024. The Company's Board of Directors has nominated Mr. Sami Totah as the next Chairman, effective January 1, 2025, and subject to election as a director at the upcoming annual general meeting of shareholders. Ms. Bennun has served as Executive Chairman of the Board since 2015. During her ...

Jonathan Kitchen (in thousands of U.S. dollars, exc tept per share data) ended Six months ended June 30, 2023 12.572 24,095 14.800 Cost of revel 3,794 3,480 7 /545 6,828 Gross profit 21,379 17,567 Gross profit "! 74% 72% 74% 72% 4,621 4,952 9,214 9,721 _382 Less - royalty-bearing particip 180 180 442 lessarch and development, na 4,441 4,772 8.825 9,279 Sales and marketing 4,325 3.354 8.610 6.664 2.444 1,361 1,215 3,374 10,127 9,338 18,387 20,809 880 (446) 570 (820) 854 2 286 1,260 1,950 Income (loss) before ...

RADCOM Ltd. (NASDAQ:RDCM) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Hilik Itman - Interim Chief Executive Officer Hadar Rahav - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the RADCOM Limited Results Conference Call for the Second Quarter of 2024. All participants are present in a listen-only mode. Following management's formal pre ...

RADCCM RADCOM Q2-2024 CONFERENCE CALL August 7th, 2024 AGENDA ▪ Introduction and safe harbor ▪ Hilik Itman, Interim Chief Executive Officer ▪ Hadar Rahav, Chief Financial Officer ▪ Q&A SAFE HARBOR PROVISION • Forward-looking statements in the conference call involve several risks and uncertainties, including, but not limited to, the Company's statements about 5G and launches, demand for the Company's products and services, sales opportunities, sales cycles, and pipeline, momentum, maintaining and increasing ...

Radcom (RDCM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this monitoring service for the communications industry would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise. Over the last f ...

Financial Performance - Total revenues for Q2 2024 reached $14.8 million, a 20% increase from $12.4 million in Q2 2023, marking a new company record[7] - GAAP net income for Q2 2024 was $1.7 million, or $0.11 diluted EPS, representing a 120% increase compared to $0.8 million, or $0.05 diluted EPS in Q2 2023[8] - Non-GAAP net income for Q2 2024 was $3.1 million, or $0.20 diluted EPS, compared to $2.1 million, or $0.13 diluted EPS in Q2 2023[8] - Total revenues for the first half of 2024 were $28.9 million, a 19% increase from $24.4 million in the first half of 2023[10] - Operating income for Q2 2024 was $880,000, compared to an operating loss of $446,000 in Q2 2023[23] - The company raised its 2024 revenue guidance to $58 to $61 million, up from the previous guidance of $57 to $60 million[12] Profitability - The company reported a gross profit of $11 million for Q2 2024, up from $8.9 million in Q2 2023[23] - GAAP gross profit for June 2024 was $11,007 thousand, up 24% from $8,892 thousand in June 2023[25] - Non-GAAP gross profit increased to $11,162 thousand in June 2024, compared to $9,009 thousand in June 2023, representing a 24% growth[25] - GAAP net income for June 2024 was $1,707 thousand, a 118% increase from $781 thousand in June 2023[28] - Non-GAAP net income rose to $3,137 thousand in June 2024, up 49% from $2,098 thousand in June 2023[28] - Non-GAAP operating income for June 2024 was $2,276 thousand, significantly higher than $842 thousand in June 2023, indicating a 170% increase[25] Cash and Assets - Cash and cash equivalents reached a record high of $86.1 million as of June 30, 2024, with no debt[9] - Total current assets increased to $106,231 thousand as of June 30, 2024, compared to $97,415 thousand at the end of December 2023, reflecting a 9% growth[31] - Cash and cash equivalents grew to $15,248 thousand in June 2024, up from $10,892 thousand in December 2023, marking a 40% increase[31] Liabilities - Total liabilities increased to $28,818 thousand as of June 30, 2024, compared to $25,038 thousand at the end of December 2023, a rise of 11%[31] Market Activity - The company secured over $50 million in new 5G contracts since the start of 2024, including several seven-digit contracts across various markets[7] - The sales pipeline is expanding, indicating increasing demand for the company's solutions, particularly in North America[12] Share Information - The weighted average number of shares used to compute diluted net income per share was 15,978,799 for June 2024, compared to 15,658,748 for June 2023[28] Operating Expenses - GAAP total operating expenses for June 2024 were $10,127 thousand, up from $9,338 thousand in June 2023, reflecting an increase of 8%[25]

Radcom (RDCM) shares ended the last trading session 6.4% higher at $10.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.5% gain over the past four weeks. The increase in share price can attributed to the strength in demand for the company's AI-powered analytics solutions including the RADCOM ACE product line. Renewal of a multi-year deal with Rakuten Mobile along with an extension of the contract for RADCOM AC ...

TEL AVIV, Israel, July 17, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) today announced that it will report its financial results for the second quarter, which ended June 30, 2024, on Wednesday, August 7, 2024, before the opening of trade on the Nasdaq Stock Market. RADCOM's management will host an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Daylight Time) to discuss the financial results and answer participants' questions. Live webcast: A live webcast of the prese ...