Radcom Q2 Adj. EPS $0.13 Beats $0.05 Estimate, Sales $12.37M Miss $12.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radcom reported Q2 adjusted earnings of $0.13 per share, beating the analyst consensus estimate of $0.05 by 160%. However, the company's quarterly sales of $12.37 million missed the analyst consensus estimate of $12.40 million by 0.23%.
August 04, 2023 | 10:58 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Radcom's Q2 earnings exceeded expectations, but sales fell slightly short of estimates. This mixed report may lead to uncertain short-term price movements.
Radcom's earnings beat could boost investor confidence and potentially drive the stock price up. However, the missed sales estimate could counteract this positive effect, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100