Radcom Q2 2024 Adj. EPS $0.20 Beats $0.15 Estimate, Sales $14.801M Beat $14.114M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radcom (NASDAQ:RDCM) reported Q2 2024 adjusted EPS of $0.20, beating the estimate of $0.15 by 33.33%. Sales were $14.801M, surpassing the $14.114M estimate and showing a 19.63% increase from the same period last year.
August 07, 2024 | 11:05 am
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Radcom (NASDAQ:RDCM) reported strong Q2 2024 results with EPS of $0.20 beating estimates by 33.33% and sales of $14.801M exceeding expectations by 4.86%. Sales increased by 19.63% YoY.
Radcom's strong earnings and revenue performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The 19.63% YoY sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100