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Radcom ( (RDCM) ) just unveiled an update.
RADCOM Ltd. reported record-breaking financial results for 2024, with revenues reaching $61 million, marking an 18.2% year-over-year increase and the company’s fifth consecutive year of growth. The company also achieved significant earnings growth, highlighted by a GAAP earnings per share of $0.43 and a non-GAAP earnings per share of $0.83. RADCOM’s strategic efforts, including securing a multi-year contract with Norlys and maintaining a debt-free status with a cash balance of $94.7 million, have reinforced its leadership in AI-driven assurance solutions. Looking ahead, RADCOM projects a promising 12% to 15% revenue growth for 2025, driven by continued innovation and strategic partnerships.
More about Radcom
RADCOM (Nasdaq: RDCM) specializes in 5G-ready cloud-native network intelligence solutions designed for telecom operators transitioning to 5G. The company’s offerings include RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights, providing intelligent, on-demand solutions for comprehensive network analysis and performance troubleshooting from the RAN to the core network.
YTD Price Performance: 26.24%
Average Trading Volume: 95,056
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $226.2M
For a thorough assessment of RDCM stock, go to TipRanks’ Stock Analysis page.
