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0.00089525514771708 0 0.00089525514771708 0.0295434198746643 0.0295434198746643 0.0295434198746643 0.0161145926589079 -0.0205908683974932
Stock impact report

RADCOM Achieves 20% Year-over-Year Revenue Growth and Reaches a Record $90.2 Million Cash Level

Radcom Ltd. - Ordinary Shares (RDCM) 
Last radcom ltd. - ordinary shares earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: radcom.com/investors-relations
Company Research Source: PR Newswire
Appointed Mr. Benny Eppstein as its new Chief Executive Officer, Effective December 1st, 2024TEL 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 the quarter with $90.2 million of cash, cash equivalents, and short-term bank deposits, the company's highest-ever cash level.First nine-month of 2024 highlights:Revenue for the period was $44.8 million, up 19% year-over-yearGAAP net income was $4.7 million, or $0.29 diluted EPS, compared to a net in Show less Read more
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