RADCOM (RDCM) Projected to Post Quarterly Earnings on Wednesday

RADCOM (NASDAQ:RDCM) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $15,405.50 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

RADCOM Stock Performance

NASDAQ:RDCM opened at $13.35 on Monday. The company has a 50-day moving average of $12.28 and a 200-day moving average of $10.84. RADCOM has a 52 week low of $8.52 and a 52 week high of $14.32. The company has a market capitalization of $209.06 million, a price-to-earnings ratio of 28.40 and a beta of 0.89.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on RDCM. StockNews.com upgraded shares of RADCOM from a “buy” rating to a “strong-buy” rating in a research note on Friday. Needham & Company LLC restated a “buy” rating and set a $16.00 target price on shares of RADCOM in a research report on Friday, January 17th.

RADCOM Company Profile

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.