RADCOM (RDCM) Set to Announce Quarterly Earnings on Wednesday

RADCOM (NASDAQ:RDCM) will announce its earnings results before the market opens on Wednesday, May 15th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

RADCOM Stock Performance

Shares of RDCM stock opened at $9.57 on Wednesday. The firm has a market cap of $148.05 million, a P/E ratio of 39.88 and a beta of 0.76. The business’s 50 day moving average price is $10.16 and its 200-day moving average price is $9.07. RADCOM has a fifty-two week low of $7.52 and a fifty-two week high of $12.10.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on RDCM shares. Needham & Company LLC upgraded shares of RADCOM from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Thursday, January 25th. StockNews.com initiated coverage on RADCOM in a research report on Tuesday. They set a “buy” rating for the company.

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.