Needham & Company Reiterates Buy Rating and $27 PT on Radcom (RDCM) Following 4Q Results

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Go back to Needham & Company Reiterates Buy Rating and $27 PT on Radcom (RDCM) Following 4Q Results

RADCOM Reports Fourth Quarter and Full Year 2016 Financial Results

February 14, 2017 7:31 AM EST

TEL-AVIV, Israel, Feb. 14, 2017 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2016.

"The fourth quarter marked a strong end to a great year for the Company, highlighted by our ability to reach the high-end of our guidance range," commented Mr. Yaron Ravkaie, RADCOM's CEO.  "In 2016, we made great progress with our top-tier customer deployments, continued our engagement with other leading global carriers, and focused on preparing the company for future growth by boosting our senior management... More