RADCOM Reports Fourth Quarter and Full Year 2018 Results
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Go back to RADCOM Reports Fourth Quarter and Full Year 2018 Results
February 12, 2019 10:31 AM EST
Needham & Company analyst Alex Henderson downgraded Radcom (NASDAQ: RDCM) from Buy to Hold.
The analyst commented, "Radcom again lowered already washed out guidance for CY19. With the lowered guidance and widened losses resulting, we think RDCM is likely to tread water through... More
February 12, 2019 7:42 AM EST
Radcom Ltd. (NASDAQ: RDCM) reported Q4 EPS of ($0.27), $0.01 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $4 million versus the consensus estimate of $3.77 million.
Fourth Quarter 2018 Financial Highlights:
Revenues: Total revenues for the fourth quarter were $4.0 million, down 62% compared to $10.6 million in the fourth quarter of 2017. Net Income (loss): GAAP net loss for the period was $4.1 million, or $0.30 per...
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