Radcom: Q4 Earnings Snapshot

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Radcom Ltd. (RDCM) on Wednesday reported a loss of $26,000 in its fourth quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of less than 1 cent. Earnings, adjusted for stock option expense, were 9 cents per share.

The monitoring service for the communications industry posted revenue of $12.3 million in the period.

For the year, the company reported a loss of $2.3 million, or 16 cents per share. Revenue was reported as $46.1 million.

Radcom expects full-year revenue in the range of $50 million to $53 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDCM at https://www.zacks.com/ap/RDCM

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up