RADCOM Reports Second Quarter 2020 Results
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Radcom Ltd. (RDCM) Tops Q2 EPS by 10c, Revenues Beat
August 11, 2020 7:06 AM EDTRadcom Ltd. (NASDAQ: RDCM) reported Q2 EPS of $0.02, $0.10 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $9.2 million versus the consensus estimate of $8.87 million.
Second Quarter 2020 Financial Highlights:
Total revenues for the second quarter were $9.2 million, compared to $8.5 million in the second quarter of 2019.GAAP net loss for the second quarter decreased to $0.2 million, or $0.01 per diluted share, compared to a GAAP net loss of $0.9 million, or $0.07 per diluted share for the second quarter of 2019.Non-GAAP net income for the period is $0.2 million,... More