Radcom Q4 Adj. EPS $0.25 Beats $0.15 Estimate, Sales $14.01M Beat $13.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radcom (NASDAQ:RDCM) reported Q4 adjusted EPS of $0.25, surpassing the $0.15 estimate, a 177.78% increase from last year's $0.09. Sales reached $14.01M, exceeding the $13.55M estimate and marking a 14.00% increase from the previous year.
January 31, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Radcom reported a strong Q4 with adjusted EPS of $0.25, beating estimates by 66.67%, and sales of $14.01M, 3.39% above expectations.
Radcom's significant beat on both earnings and revenue estimates is likely to instill investor confidence and could lead to a short-term uptick in the stock price. The substantial year-over-year growth in earnings and sales further underscores the company's positive performance trajectory.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100