RADCOM (RDCM) Scheduled to Post Earnings on Wednesday

RADCOM (NASDAQ:RDCM) is set to issue its quarterly earnings data before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.04. RADCOM had a return on equity of 6.25% and a net margin of 8.52%. The firm had revenue of $14.80 million during the quarter, compared to analysts’ expectations of $14.10 million. On average, analysts expect RADCOM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RADCOM Stock Up 0.4 %

RADCOM stock opened at $10.67 on Wednesday. RADCOM has a 52 week low of $7.53 and a 52 week high of $12.10. The stock has a 50-day moving average price of $10.17 and a 200 day moving average price of $9.71. The company has a market capitalization of $167.11 million, a price-to-earnings ratio of 34.42 and a beta of 0.86.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $14.00 price objective on shares of RADCOM in a report on Thursday, August 8th.

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.