Radcom reports Q3 adjusted EPS 23c vs. 15c last year

Reports Q3 revenue $15.82M vs. $13.2M last year. Hilik Itman, Radcom’s (RDCM) Interim CEO stated, “We have made significant progress in expanding our business and are confident in our ability to continue profitable growth and increase market share by leveraging our healthy sales pipeline. We believe our best-in-class 5G assurance platform, combined with integrated artificial intelligence capabilities, positions us well to meet evolving customer needs and requirements in the 5G market. Following our successful acquisition of Continual in May 2023, we secured a seven-figure, multi-year contract this quarter with a North American operator for our advanced mobility experience analytics. The acquisition of Continual has been beneficial, expanding our innovative service assurance solutions and their value to our current and new customers.”