Radcom Ltd. (RDCM) Reports In-Line Q4 EPS, Guides In-Line

Radcom Ltd. (NASDAQ: RDCM) reported Q4 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $8 million versus the consensus estimate of $7.94 million.

GUIDANCE:

Radcom Ltd. sees FY2017 revenue of $36-39 million, versus the consensus of $38 million.

"The fourth quarter marked a strong end to a great year for the Company, highlighted by our ability to reach the high-end of our guidance range," commented Mr. Yaron Ravkaie, RADCOM\'s CEO. "In 2016, we made great progress with our top-tier customer deployments, continued our engagement with other leading global carriers, and focused on preparing the company for future growth by boosting our senior management team and ramping up our engineering capabilities. We believe we have laid a solid foundation during 2016 to continue our momentum, as evidenced by our initial 2017 revenue guidance range of $36-$39 million."

For earnings history and earnings-related data on Radcom Ltd. (RDCM) click here.

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