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General

Radcom revenues down 20% to USD 8.5 mln in Q2

Monday 12 August 2019 | 14:15 CET | News
Radcom saw its total revenues for the second quarter decrease 20 percent to USD 8.5 million in the second quarter. Net loss for the period was USD 0.9 million, or USD 0.07 per diluted share, compared to net income of USD 0.8 million, or USD 0.05 per diluted share for the second quarter of 2018. As of 30 June, the company had cash and cash equivalents and short-term bank deposits of USD 58.6 million and no debt. The company said it increased 2019 revenue guidance range to USD 30 - USD 33 million.

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Categories: General
Companies: Radcom
Countries: World
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