Radcom Ltd. (RDCM) Tops Q2 EPS by 1c; Reiterates Outlook

Radcom Ltd. (NASDAQ: RDCM) reported Q2 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $8.9 million versus the consensus estimate of $8.68 million.

"Our strong second quarter results were driven by our relationship with AT&T, an expansion of our relationship with one of our strategic accounts in APAC, as well as ongoing momentum with other Tier 1 service providers globally," commented Mr. Yaron Ravkaie, RADCOM's CEO. "During the quarter, we finalized an NFV trial with a top-tier service provider, which we expect to result in a new NFV project for the company. Given the ongoing momentum, we are reiterating our 2017 revenueguidance of $36-$39 million."

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

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