Radcom Ltd reports results for the quarter ended in January - Earnings Summary

Radcom

15/05/2024 14:31

* Radcom Ltd  RDCM.OQ  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 12
cents.  The mean expectation of two analysts for the quarter was
for earnings of 17 cents per share. Wall Street expected
results to range from 15 cents to 18 cents per share.
    * Revenue rose 17.5% to $14.12 million from a year ago;
analysts
expected $13.36 million. 
    * Radcom Ltd's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $762
thousand.
    * Radcom Ltd shares had fallen by 5.6% this quarter and
gained 30.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the computer
hardware
peer group is  "buy."

Wall Street's median 12-month price target for Radcom Ltd is
$14.00 
This summary was machine generated from LSEG data May 15 at
01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.17           0.18           Beat
 Dec. 31 2023      0.16           0.25           Beat
 Sep. 30 2023      0.09           0.15           Beat
 Jun. 30 2023      0.05           0.13           Beat