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General

Radcom revenues up 32%, moves to profit of USD 2.3 mln in Q4

Tuesday 13 February 2018 | 20:33 CET | News
Israel-based company Radcom reported revenues for the fourth quarter up 32 percent year-on-year to USD 10.6 million. Net income for the period was USD 2.3 million, or USD 0.17 per diluted share, up from a net loss of USD 0.7 million, or USD 0.06 loss per diluted share for the fourth quarter of 2016. As of 31 December 2017, the company had cash, cash equivalents and short-term bank deposits of USD 62.6 million and no debt.

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Categories: General
Companies: Radcom
Countries: Israel / World
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