RADCOM Raises FY24 Revenue Guidance, Revising Range From $57M-$60M To $58M-$61M, Est $58.34M
Portfolio Pulse from Benzinga Newsdesk
RADCOM has raised its FY24 revenue guidance, revising the range from $57M-$60M to $58M-$61M, with an estimated $58.34M.
August 07, 2024 | 11:07 am
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RADCOM has increased its FY24 revenue guidance to a range of $58M-$61M, up from the previous range of $57M-$60M. The estimated revenue is $58.34M.
The upward revision in revenue guidance indicates positive business performance and growth expectations, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100