RADCOM (RDCM) Set to Announce Earnings on Wednesday

RADCOM (NASDAQ:RDCM) will post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect RADCOM to post earnings of $0.15 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

RADCOM (NASDAQ:RDCM) last released its quarterly earnings data on Wednesday, May 15th. The technology company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The firm had revenue of $14.12 million for the quarter, compared to analyst estimates of $13.50 million. RADCOM had a return on equity of 5.36% and a net margin of 7.18%. On average, analysts expect RADCOM to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

RADCOM Trading Down 1.7 %

Shares of RDCM opened at $9.78 on Tuesday. The stock’s fifty day simple moving average is $9.48 and its 200 day simple moving average is $9.75. RADCOM has a twelve month low of $7.52 and a twelve month high of $12.10. The firm has a market capitalization of $151.31 million, a P/E ratio of 39.12 and a beta of 0.83.

Analysts Set New Price Targets

Several research analysts have recently weighed in on RDCM shares. Needham & Company LLC restated a “buy” rating and issued a $14.00 target price on shares of RADCOM in a research note on Thursday, May 16th. StockNews.com upgraded RADCOM from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 23rd.

RADCOM Company Profile

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.