RADCOM (RDCM) Scheduled to Post Earnings on Wednesday

RADCOM (NASDAQ:RDCM) will be announcing its earnings results before the market opens on Wednesday, May 15th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

RADCOM Trading Down 1.2 %

Shares of NASDAQ RDCM opened at $9.57 on Wednesday. RADCOM has a 1 year low of $7.52 and a 1 year high of $12.10. The firm’s 50-day moving average is $10.16 and its 200-day moving average is $9.07. The firm has a market capitalization of $148.05 million, a PE ratio of 39.88 and a beta of 0.76.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Needham & Company LLC upgraded RADCOM from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research report on Thursday, January 25th. StockNews.com began coverage on RADCOM in a report on Tuesday. They set a “buy” rating for the company.

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.