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Stock impact report

Radcom (RDCM) Soars 6.6%: Is Further Upside Left in the Stock? [Yahoo! Finance]

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: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5% gain over the past four weeks. The increase in share price can attributed to the strength in demand for the company's cloud-powered automated assurance and intelligence analytics solutions including the RADCOM ACE product line. Network operators are exploring next-generation cloud technology as they look to cut down costs amid the 5G rollout. RDCM is ramping up its efforts to boost its portfolio of assurance solutions to capitalize on this opportunity. During the second quarter 2024 earnings call, the company announced that it had clinched over $50 million in new contracts since the beginning of the year. The majority of the revenues will be recognized in 2025 and beyond, added management. RADCOM is also directing its efforts at embedding Generative AI technology across its product portfolio to aid operators in handling their netw Show less Read more
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