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Radcom: Q1 Earnings Snapshot

Radcom: Q1 Earnings Snapshot

By Ap News
Published - May 15, 2024, 07:12 AM ET
Last Updated - May 15, 2024, 07:12 AM EDT

TEL-AVIV, Israel (AP) — TEL-AVIV, Israel (AP) — Radcom Ltd. (RDCM) on Wednesday reported net income of $762,000 in its first quarter.

The Tel-Aviv, Israel-based company said it had net income of 5 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 18 cents per share.

The monitoring service for the communications industry posted revenue of $14.1 million in the period.

Radcom expects full-year revenue in the range of $57 million to $60 million.

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