Needham Reiterates Buy on Radcom, Maintains $14 Price Target
$RDCM
Computer peripheral equipment
Technology
Needham analyst Alex Henderson reiterates Radcom (NASDAQ:RDCM) with a Buy and maintains $14 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/25/2024 | $14.00 | Hold → Buy | Needham |
Appointed Mr. Benny Eppstein as its new Chief Executive Officer, Effective December 1st, 2024 TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today its financial results for the third quarter ended September 30, 2024. Third-quarter 2024 highlights: Revenue for the third quarter was $15.8 million, up 20% year-over-year, a new company recordGAAP net income was $2.3 million, or $0.14 diluted EPS, compared to a net loss of $0.3 million or $0.02 diluted EPS for the third quarter of 2023.Non-GAAP net income was $3.7 million, or $0.23 diluted EPS, compared to $2.4 million, or $0.15 diluted EPS, for the third quarter of 2023.$4 million positive cash flow, ending
TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today the appointment of Mr. Eppstein as its new Chief Executive Officer, effective December 1st, 2024. Mr. Eppstein is a seasoned telecom industry veteran with a distinguished track record at Ericsson and Amdocs. He is a U.S. resident with over 20 years of sales experience working with tier-one telecom operators in North America and Japan. Mr. Eppstein held several leadership positions while at Amdocs, culminating in his role as General Manager and Division President for Canada. Before this, h
Continual acquisition bears fruit by powering enhanced location-based analytics TEL AVIV, Israel, Nov. 7, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today that a North American operator has selected RADCOM to provide its leading Radio Access Network (RAN) Analysis solution. This multi-year, low seven-figure contract aims to proactively ensure optimal user experiences across the operator's 5G RAN network. RADCOM's RAN Analysis capabilities have been significantly bolstered by incorporating Continual's mobile experience analytics, which RADCOM acquired in May 2023. This integration enhances RADCOM's cloud-focused assurance and intelligent analytics portfolio, especially within t
SC 13G/A - RADCOM LTD (0001016838) (Subject)
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Needham analyst Alex Henderson reiterates Radcom (NASDAQ:RDCM) with a Buy and maintains $14 price target.
6-K - RADCOM LTD (0001016838) (Filer)
6-K - RADCOM LTD (0001016838) (Filer)
6-K - RADCOM LTD (0001016838) (Filer)
Needham upgraded RADCOM from Hold to Buy and set a new price target of $14.00
Appointed Mr. Benny Eppstein as its new Chief Executive Officer, Effective December 1st, 2024 TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today its financial results for the third quarter ended September 30, 2024. Third-quarter 2024 highlights: Revenue for the third quarter was $15.8 million, up 20% year-over-year, a new company recordGAAP net income was $2.3 million, or $0.14 diluted EPS, compared to a net loss of $0.3 million or $0.02 diluted EPS for the third quarter of 2023.Non-GAAP net income was $3.7 million, or $0.23 diluted EPS, compared to $2.4 million, or $0.15 diluted EPS, for the third quarter of 2023.$4 million positive cash flow, ending
Management to hold a conference call on the same day at 8:00 AM ET TEL AVIV, Israel, Oct. 30, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today that it will report its financial results for the third quarter, which ended September 30, 2024, on Wednesday, 13, November 2024, before the opening of trade on the Nasdaq Stock Market. RADCOM's management will hold an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Standard Time) to discuss the results and answer participants' questions. A live webcast of the presentation will be available at https://veidan.activetrail.biz/radcomq3-2024. The webcast will be archived for 90 days following the live pre
Reaffirming Company's Commitment to Profitable Growth and Long-Term Shareholder Value Highest quarterly revenues of $14.8 millionRecord half-year revenue and profitabilityPeak cash level of $86.1 millionTEL AVIV, Israel, Aug. 7, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM), an industry leader in automated assurance and intelligent analytics for telecom operators transitioning to 5G, announced today its financial results for the second quarter ended June 30, 2024. Hilik Itman, RADCOM's interim Chief Executive Officer, commented, "This quarter, we continued to execute our strategy to drive profitable growth and long-term shareholder value. We achieved record quarterly revenues of $14.8 mill
TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today the appointment of Mr. Eppstein as its new Chief Executive Officer, effective December 1st, 2024. Mr. Eppstein is a seasoned telecom industry veteran with a distinguished track record at Ericsson and Amdocs. He is a U.S. resident with over 20 years of sales experience working with tier-one telecom operators in North America and Japan. Mr. Eppstein held several leadership positions while at Amdocs, culminating in his role as General Manager and Division President for Canada. Before this, h
TEL AVIV, Israel, April 5, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced today that the Board has appointed Mr. Hilik Itman as interim CEO, effective April 7, 2024. Hilik, who has served as the Company's Chief Operating Officer since 2020, brings 27 years of invaluable experience with Radcom, having held various key roles in R&D and serving as Vice President of Research and Development since 2014. Mr. Guy Shemesh, who assumed the CEO role in mid-February, is stepping down, effective April 7, 2024, due to personal reasons. The board has initiated a thorough search process for a permanent CEO to lead the company into the next phase of its growth and transformation journey. Ms. Heli
TEL AVIV, Israel, Jan. 31, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) today announced that Eyal Harari, RADCOM's Chief Executive Officer (CEO) since 2020, is retiring from his position at RADCOM and Guy Shemesh, formerly Vice President of Business Applications and General Manager, Vice President Cloud Business Unit at Nokia, will start his role as CEO on February 14, 2024. Eyal Harari, RADCOM's outgoing CEO, commented, "After over 20 years in various leadership roles within the company, including four years as CEO, leading the company through 16 consecutive revenue growth quarters, driving increased profitability, while establishing a robust recurring revenue business model as a softwar