RADCOM Delivers Strong Fourth Quarter and Record Full Year 2023 Results with Revenue Growth and Accelerated Profitability
Radcom Ltd. - Ordinary Shares (RDCM)
Last radcom ltd. - ordinary shares earnings: 2/13 07:00 am
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Source: PR Newswire
Fourth quarter revenue of $14.0 million, 14% year-over-year growth, and full-year revenue of $51.6 million, 12% year-over-year growth.Record fourth quarter of $3.8 million non-GAAP net income and $10.2 millionnon-GAAP full year net incomeTEL AVIV, Israel, Jan. 31, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM) announced financial results for the full year, and the fourth quarter ended December 31, 2023.Fourth Quarter 2023 Financial Highlights: Total revenues for the fourth quarter were $14.0 million, compared to $12.3 million in the fourth quarter of 2022, 14% year-over-year growth.GAAP net income for the fourth quarter was $2.6 million, or $0.17 per diluted share, compared to a GAAP net loss of $0.03 million, or $0.00 per diluted share, for the fourth quarter of 2022.Non-GAAP net income for the period was $3.8 million, or $0.25 per diluted share, compared to a non-GAAP net income of $1.3 million, or $0.09 per diluted share, for the fourth quarter of 2022.As of December 31, 2023, the
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News
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- RADCOM to Host First Quarter 2024 Conference Call and Webcast on Wednesday, May 15, 2024, at 8:00 AMPR Newswire
- RADCOM: Strong Secular Catalyst With Pullback Opportunity [Seeking Alpha]Seeking Alpha
RDCM
Earnings
- 1/31/24 - Beat
RDCM
Sec Filings
- 4/8/24 - Form 6-K
- 4/5/24 - Form 6-K
- 4/2/24 - Form 20-F
- RDCM's page on the SEC website