RADCOM Reports Third Quarter 2020 Results

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Go back to RADCOM Reports Third Quarter 2020 Results

Radcom Ltd. (RDCM) Tops Q3 EPS by 6c, Revenues Beat

November 10, 2020 7:14 AM EST

Radcom Ltd. (NASDAQ: RDCM) reported Q3 EPS of $0.02, $0.06 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $9.8 million versus the consensus estimate of $9.17 million.

Third Quarter 2020 Financial Highlights:

Total revenues for the third quarter were $9.8 million, compared to $9.4 million in the third quarter of 2019.GAAP net loss for the third quarter decreased to $0.4 million, or $0.03 per diluted share, compared to a GAAP net loss of $1.7 million, or $0.12 per diluted share for the third quarter of 2019.Non-GAAP net income for the period was $0.2 million,... More