Record Quarterly Revenue
Achieved record quarterly revenues of $15.8 million, indicating strong growth in the company's financial performance.
Successful Acquisition and Contract Win
Secured a 7-figure multiyear contract with a North American operator, leveraging the Continual acquisition, which has been successfully integrated into RADCOM's core technology.
Positive Customer Feedback and Pipeline
Strong demand for RADCOM's cloud-based automated assurance and AI capabilities, with a healthy sales pipeline and positive customer feedback.
Recognition and Awards
RADCOM was recognized in the best AI/ML innovation category for a global connectivity award, showcasing outstanding achievements in the telecom sector.
Increased Revenue Guidance
Raised the 2024 revenue guidance to $59 million to $62 million, reflecting confidence in continued growth.