Radcom Ltd reports results for the quarter ended September 30 - Earnings Summary

Radcom

13/11/2024 15:23

* Radcom Ltd  RDCM.OQ  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 15 cents.  The mean expectation of two analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 19 cents to 20 cents per share.
    * Revenue rose 19.9% to $15.82 million from a year ago;
analysts
expected $14.96 million. 
    * Radcom Ltd's reported EPS for the quarter was 14 cents​.
    * The company reported quarterly net income of $2.25
million.
    * Radcom Ltd shares had risen by 3.9% this quarter and
gained 33.3% 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 November 13 at
03:23 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
 Sep. 30 2024      0.19           0.23           Beat
 Jun. 30 2024      0.15           0.20           Beat
 Mar. 31 2024      0.17           0.18           Beat
 Dec. 31 2023      0.16           0.25           Beat