Radcom Ltd. (RDCM) Set to Announce Earnings on Monday
Radcom Ltd. (NASDAQ:RDCM) is scheduled to be releasing its earnings data before the market opens on Monday, November 6th. Analysts expect Radcom to post earnings of $0.01 per share for the quarter.
Radcom (NASDAQ:RDCM) last posted its earnings results on Monday, August 7th. The technology company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. The company had revenue of $8.92 million during the quarter, compared to the consensus estimate of $8.68 million. Radcom had a negative net margin of 3.90% and a negative return on equity of 2.19%. The firm’s revenue for the quarter was up 23.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share. On average, analysts expect Radcom to post $-0.03 EPS for the current fiscal year and $0.15 EPS for the next fiscal year.
Shares of Radcom Ltd. (NASDAQ:RDCM) opened at 20.35 on Monday. The company’s market capitalization is $237.87 million. The stock’s 50 day moving average is $20.70 and its 200 day moving average is $20.01. Radcom Ltd. has a 52-week low of $16.60 and a 52-week high of $22.45.
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A number of research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Radcom from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $27.00 target price on shares of Radcom in a report on Wednesday, August 9th. William Blair began coverage on shares of Radcom in a report on Monday, October 9th. They issued a “buy” rating for the company. ValuEngine cut shares of Radcom from a “hold” rating to a “sell” rating in a report on Monday, August 28th. Finally, BidaskClub raised shares of Radcom from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $27.00.
Radcom Company Profile
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.
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