Radcom: Q1 Earnings Snapshot

TEL-AVIV, Israel (AP) — TEL-AVIV, Israel (AP) — Radcom Ltd. (RDCM) on Wednesday reported net income of $762,000 in its first quarter.

The Tel-Aviv, Israel-based company said it had net income of 5 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 18 cents per share.

The monitoring service for the communications industry posted revenue of $14.1 million in the period.

Radcom expects full-year revenue in the range of $57 million to $60 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 This material may not be published, broadcast, written or redistributed.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