Radcom Q3 Adj EPS $0.15 Beats $0.09 Estimate, Sales $13.20M Beat $12.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radcom (NASDAQ:RDCM) reported Q3 earnings of $0.15 per share, beating the analyst consensus estimate of $0.09 by 66.67%. This is a 150% increase from the same period last year. The company also reported quarterly sales of $13.20 million, beating the analyst consensus estimate of $12.72 million by 3.73%, a 9.86% increase from the same period last year.
November 08, 2023 | 12:11 pm
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POSITIVE IMPACT
Radcom's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Radcom's Q3 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could lead to a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100