Revenue Update on RADCOM Ltd.(NASDAQ:RDCM)

RADCOM Ltd.(NASDAQ:RDCM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $7.20M. Analysts estimated a revenue of $6.80M. Earnings per share were $0.20. Analysts had estimated an EPS of $0.07.

RADCOM Ltd. (RDCM) made into the market gainers list on Fridays trading session with the shares advancing 3.24% or 0.53 points. Due to strong positive momentum, the stock ended at $16.9, which is also near the day’s high of $16.94. The stock began the session at $16.52 and the volume stood at 1,70,976 shares. The 52-week high of the shares is $17.6 and the 52 week low is $9.022. The company has a current market capitalization of $148 M and it has 87,45,446 shares in outstanding.

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for telecom operators and communications service providers. The Company provides solutions for mobile and fixed networks including long-term evolution (LTE) voice over LTE (VoLTE) Internet protocol multimedia subsystem (IMS) Voice over Internet protocol (VoIP) universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband. The Company markets its products and solutions under the Radically Better brand. RADCOM categorizes its products into two primary lines: the MaveriQ Service Assurance and Customer Experience Management (CEM) solution and the Performer Family Network Analyzers. The MaveriQ is a probe-based service assurance and CEM solution. The Performer family is an open platform that supports a range of test applications over various technologies.

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