Radcom sales slide 24% in Q3
Third-quarter revenues at telecom assurance vendor Radcom fell 23.6 percent year-on-year to USD 14 million, and were also 19.4 percent lower sequentially, the company has announced. Radcom recorded a GAAP operating loss of USD 893,000, reflecting a 27.1 percent slump in the underlying gross profit due to weaker sales. Thanks to a small increase in net financial income, Radcom reported a marginal net profit of USD 441,000, reduced from USD 3.5 million year-on-year.