RADCOM (RDCM) Expected to Announce Quarterly Earnings on Wednesday

RADCOM (NASDAQ:RDCM) is projected to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect RADCOM to post earnings of $0.19 per share and revenue of $15.41 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

RADCOM Stock Down 6.2 %

Shares of RADCOM stock opened at $14.44 on Tuesday. The business has a 50 day moving average of $12.65 and a 200 day moving average of $11.13. RADCOM has a 52 week low of $8.52 and a 52 week high of $15.98. The company has a market cap of $226.13 million, a PE ratio of 30.72 and a beta of 0.90.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. StockNews.com cut shares of RADCOM from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $16.00 price objective on shares of RADCOM in a report on Friday, January 17th.

About RADCOM

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.