Financial Performance - Radcom (RDCM) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and up from $0.15 per share a year ago, representing an earnings surprise of 21.05% [1] - The company posted revenues of $15.82 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5.47%, compared to $13.2 million in the same quarter last 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 33.3% since the beginning of the year, outperforming the S&P 500's gain of 25.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $15.4 million, and for the current fiscal year, it is $0.77 on revenues of $59.3 million [7] Industry Outlook - The Computer - Networking industry, to which Radcom belongs, is currently ranked in the top 21% 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][6]

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 ...

Core Viewpoint - RADCOM Ltd. has appointed Mr. Benny Eppstein as the new Chief Executive Officer, effective December 1, 2024, aiming to leverage his extensive telecom experience to drive growth and enhance customer value [1][2]. Company Leadership - Mr. Eppstein brings over 20 years of sales experience in the telecom industry, having held significant positions at Amdocs and Ericsson, including General Manager and Division President for Canada [1][3]. - Ms. Heli (Rachel) Bennun, Active Chairman of RADCOM's Board, expressed confidence in Mr. Eppstein's ability to lead the company towards profitable growth and enhance shareholder value [2]. Strategic Focus - Mr. Eppstein aims to accelerate global sales and enhance customer satisfaction, particularly focusing on top-tier operators transitioning to 5G and cloud technologies [2]. - The company is recognized for its market-leading assurance technology, which is crucial for telecom operators adapting to 5G [2][4]. Company Background - RADCOM specializes in 5G-ready cloud-native network intelligence solutions, offering products like RADCOM Network Visibility, Service Assurance, and Network Insights [4]. - The company's solutions utilize automated and dynamic techniques, including machine learning, to provide comprehensive network analysis and improve customer experience [4].

Core Insights - RADCOM Ltd. has secured a multi-year, low seven-figure contract with a North American operator to provide its Radio Access Network (RAN) Analysis solution, aimed at enhancing user experiences across the operator's 5G RAN network [1][3] - The acquisition of Continual's mobile experience analytics in May 2023 has significantly strengthened RADCOM's RAN Analysis capabilities, enhancing its cloud-focused assurance and intelligent analytics portfolio [2][3] Company Developments - The contract will enable the operator to optimize its Voice over New Radio (VoNR) services on its public cloud network, providing crucial data insights for engineers to swiftly resolve radio issues and ensure high-quality VoNR services [3][4] - RADCOM's RAN Analysis correlates radio performance with core data in real-time, allowing engineers to identify and prioritize customer-affecting issues effectively, thus improving user experience [4][5] Technological Advancements - The RAN Analysis solution empowers network engineers with data insights to optimize new radio sites throughout the deployment process, significantly reducing the need for physical drive tests and lowering CO2 emissions [5] - The integration of RAN analytics with the operator's service management system allows for more efficient issue resolution, reducing workload and enhancing customer satisfaction [3][4]

TEL AVIV, Israel, Oct. 31, 2024 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced today that Hilik Itman, Interim Chief Executive Officer, and Hadar Rahav, Chief Financial Officer, will participate in the 18th Annual Needham Virtual Security, Networking, & Communications Conference on Tuesday, November 19, 2024.Management will be available for virtual one-on-one investor meetings during the day. Please get in touch with your Needham salesperson to schedule a meeting.For all investor inquiries, please con ...

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 ...

Core Viewpoint - RADCOM Ltd. announces the resignation of Ms. Heli (Rachel) Bennun as Executive Chairman effective December 31, 2024, after 14 years in the role, with Mr. Sami Totah nominated as her successor starting January 1, 2025 [1][2][3] Company Leadership Transition - Ms. Bennun has been Executive Chairman since 2015, during which RADCOM has grown into a profitable company and established itself as a leader in automated assurance for the 5G market [2][3] - Ms. Bennun expressed pride in the company's achievements, including expanding its customer base among innovative telecom operators, and emphasized her commitment to a smooth transition [3] - Mr. Totah, who has been a director since June 2024, brings over 35 years of international management experience in the telecom sector and has a proven track record of driving sustainable growth [5][6] Mr. Sami Totah's Background - Mr. Totah has extensive experience in leading tier-one telecom companies and has served on the boards of several publicly traded companies [5][7] - He was a general partner at Viola Growth from 2008 to 2023, focusing on investments in hi-tech growth-stage companies [6] - His previous roles include active chairman positions in several hi-tech firms, with notable successes such as the sale of Sheer Networks for $123 million [7][8] Company Overview - RADCOM specializes in 5G-ready cloud-native network intelligence solutions for telecom operators, offering a suite that includes network visibility, service assurance, and network insights [8] - The company's solutions utilize automated and dynamic techniques, including machine learning, to enhance network performance and customer experience while optimizing resource utilization [8]

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 ...

Financial Data and Key Metrics Changes - The company achieved record quarterly revenues of $14.8 million, up 20% from Q2 2023 [7][21] - Non-GAAP net income for Q2 was $3.1 million, with a non-GAAP net margin of 21%, growing by 4% compared to Q2 2023 [21] - GAAP net income for Q2 doubled to $1.7 million, with EPS up by 120% compared to Q2 2023 [21][25] - The gross margin on a non-GAAP basis grew to 75% in Q2 2024 [22] Business Line Data and Key Metrics Changes - The company secured over $50 million in new contracts since the start of the year, including several seven-digit contracts [7][20] - The SaaS model is expected to improve gross margins as more operators transition to this model [32] Market Data and Key Metrics Changes - There is increasing customer interest and sales activities in the U.S. and other regions, particularly related to 5G transitions [8][10] - The demand for cloud-based automated assurance and intelligent analytics technology is reflected in an increased sales pipeline [12] Company Strategy and Development Direction - The company is focused on delivering profitable growth, increasing market share, and driving ongoing technology innovation [8][18] - Continued investment in R&D is seen as crucial for maintaining technological leadership and supporting future business [23][17] - The company is expanding its sales team and channels, particularly in Europe and South America, to capitalize on rising demand [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing transition to 5G and the demand for the company's products [29] - The company raised its 2024 revenue guidance to a range of $58 million to $61 million, up from the previous range of $57 million to $60 million [19] Other Important Information - The company received a grant of $180,000 from the Israel Innovation Authority, the same as in 2023 [24] - The company was named a finalist for a 2024 Leading Lights award, recognizing achievements in next-generation communications technology [18] Q&A Session Summary Question: What is driving the momentum in 5G contracts? - Management noted that the positive momentum is related to the ongoing 5G transition and the company's readiness to address these requirements [27][28] Question: Will most operators transition to the SaaS model? - Management confirmed that most operators are expected to transition to cloud solutions, with SaaS being a significant opportunity for the company [30][31] Question: Should the September quarter be expected to be softer? - Management expressed confidence in maintaining guidance and indicated a strong visibility for growth in the second half of the year [35][36] Question: Does the volatility of the yen impact the business? - Management stated that there is no impact from the yen's volatility on the business [37] Question: What is the expected trajectory for the NetTalk business? - Management highlighted the unique value of their GenAI applications and its importance in driving sales and engagement with new customers [42]