AP NEWS
Click to copy
Click to copy

Radcom: 2Q Earnings Snapshot

August 12, 2019

TEL AVIV, Israel (AP) _ Radcom Ltd. (RDCM) on Monday reported a second-quarter loss of $936,000, after reporting a profit in the same period a year earlier.

The Tel Aviv, Israel-based company said it had a loss of 7 cents per share. Losses, adjusted for stock option expense, were 3 cents per share.

The monitoring service for the communications industry posted revenue of $8.5 million in the period.

Radcom expects full-year revenue in the range of $30 million to $33 million.

Radcom shares have risen 5% since the beginning of the year. The stock has declined 60% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDCM at https://www.zacks.com/ap/RDCM

All contents © copyright 2019 The Associated Press. All rights reserved.