Radcom (RDCM) has released an update.
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RADCOM Ltd., a leader in 5G network intelligence solutions, reported a significant 20% increase in year-over-year quarterly revenue, reaching $14.8 million, with earnings per share (EPS) soaring by 120%. The company’s financial growth is underscored by an impressive cash reserve of $86.1 million, and the acquisition of over $50 million in new 5G contracts signals strong demand for RADCOM’s services as the telecom sector progresses towards 5G.
For further insights into RDCM stock, check out TipRanks’ Stock Analysis page.
