Radcom Ltd. (RDCM) Tops Q1 EPS by 8c; Raises FY Revenue Outlook

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Go back to Radcom Ltd. (RDCM) Tops Q1 EPS by 8c; Raises FY Revenue Outlook

RADCOM Reports First Quarter 2022 Results

May 12, 2022 7:01 AM EDT

Wins two new customers logos for 5G

TEL AVIV, Israel, May 12, 2022 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) today reported its financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights:

First quarter revenues of $10.6 million, 16% year-over-year growth 11th consecutive quarter of year-over-year growth As of March 31, 2022, the Company had cash and cash equivalents and short-term bank deposits of $70.9 million and no debt. Increases 2022 revenue guidance range from $42 million-$45 million to $43... More