According to Zacks, “RADCOM LTD. designs, manufactures, markets and supports innovative, high performance internetworking test and analysis equipment for data communications networks. Their products are used in the development and manufacturing of network equipment, the installation of networks, and the ongoing maintenance of operational networks. (Press Release) “
RDCM has been the topic of several other research reports. William Blair reaffirmed an outperform rating on shares of Radcom in a research report on Monday, June 13th. Needham & Company LLC increased their price target on shares of Radcom from $17.00 to $23.00 and gave the stock a buy rating in a research report on Monday, September 26th. Finally, TheStreet raised shares of Radcom from a hold rating to a buy rating in a research report on Wednesday, August 3rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $19.67.
Radcom (NASDAQ:RDCM) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.07 by $0.13. Radcom had a net margin of 5.12% and a return on equity of 7.06%. The business had revenue of $7.20 million for the quarter, compared to analysts’ expectations of $6.80 million.
A number of large investors have recently added to or reduced their stakes in the company. G2 Investment Partners Management LLC raised its stake in Radcom by 38.4% in the second quarter. G2 Investment Partners Management LLC now owns 1,091,606 shares of the company’s stock valued at $12,717,000 after buying an additional 302,702 shares during the period. AWM Investment Company Inc. acquired a new stake in Radcom during the second quarter valued at $3,060,000. Renaissance Technologies LLC raised its stake in Radcom by 2.8% in the first quarter. Renaissance Technologies LLC now owns 179,325 shares of the company’s stock valued at $2,455,000 after buying an additional 4,800 shares during the period. Menta Capital LLC raised its stake in Radcom by 180.5% in the second quarter. Menta Capital LLC now owns 143,634 shares of the company’s stock valued at $1,673,000 after buying an additional 92,423 shares during the period. Finally, A.R.T. Advisors LLC acquired a new stake in Radcom during the second quarter valued at $285,000. Hedge funds and other institutional investors own 18.57% of the company’s stock.
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.
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