Core Insights - RADCOM Ltd reported a 17.5% year-over-year revenue growth for Q1 2025, achieving total revenues of $16.6 million compared to $14.1 million in Q1 2024 [4] - The company raised its full-year 2025 revenue growth outlook from 12%-15% to 15%-18%, with a midpoint of $71.1 million, indicating a 16.5% increase compared to 2024 [2][4] Financial Performance - GAAP operating income for Q1 2025 was $1.5 million, representing 9% of revenue, compared to an operating loss of $0.3 million in Q1 2024 [4] - Non-GAAP operating income for the same period was $3.1 million, or 19% of revenue, up from $1.7 million, or 12% of revenue, in Q1 2024 [4] - GAAP net income for Q1 2025 was $2.4 million, or $0.15 per diluted share, compared to $0.8 million, or $0.05 per diluted share, in Q1 2024 [4] - Non-GAAP net income for Q1 2025 was $4.1 million, or $0.25 per diluted share, compared to $2.8 million, or $0.18 per diluted share, in Q1 2024 [4] Strategic Developments - The company renewed and expanded a multi-year contract with a tier-one customer in North America, highlighting confidence in its solutions [5] - RADCOM formed strategic partnerships with Nvidia and ServiceNow to enhance real-time customer insights and automate business processes [5] - The collaboration with ServiceNow aims to develop integrated workflows leveraging advanced automation and AI technologies [5] - The partnership with Nvidia focuses on creating a high-capacity data capture and user analytics solution for AI-powered business processes [5] Cash Position - As of March 31, 2025, RADCOM had cash and cash equivalents, along with short-term bank deposits totaling $99.1 million, with no debt, marking the highest cash levels in the company's history [4]