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General

Radcom's Q1 revenues plunge 45% to USD 6 mln

Tuesday 7 May 2019 | 16:34 CET | News
Radcom's total revenues for the first quarter were down 45 percent to USD 6.0 million. The company switched to a net loss of USD 3.1 million or USD 0.23 per diluted share, from net income of USD 0.3 million or USD 0.02 per diluted share for the first quarter of 2018. As of 31 March, the company had cash and cash equivalents and short-term bank deposits of USD 56.8 million and no debt.

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Categories: General
Companies: Radcom
Countries: World
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