RADCOM - RDCM Stock Forecast, Price & News

RADCOM's stock was trading at $13.05 at the beginning of 2022. Since then, RDCM shares have decreased by 20.7% and is now trading at $10.35.
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RADCOM saw a drop in short interest in November. As of November 15th, there was short interest totaling 4,500 shares, a drop of 39.2% from the October 31st total of 7,400 shares. Based on an average daily trading volume, of 8,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.
View RADCOM's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our RDCM earnings forecast.

RADCOM Ltd. (NASDAQ:RDCM) released its earnings results on Thursday, November, 11th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.05. The technology company had revenue of $10.23 million for the quarter, compared to the consensus estimate of $10 million. RADCOM had a negative net margin of 7.97% and a negative trailing twelve-month return on equity of 5.07%. During the same quarter last year, the business posted ($0.03) EPS.

RADCOM issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $45.00 million-$48.00 million, compared to the consensus revenue estimate of $45.43 million.

10 employees have rated RADCOM Chief Executive Officer David (Dudi) Ripstein on Glassdoor.com. David (Dudi) Ripstein has an approval rating of 43% among the company's employees. This puts David (Dudi) Ripstein in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other RADCOM investors own include Lamb Weston (LW), MaxLinear (MXL), NuStar Energy (NS), New Senior Investment Group (SNR), Macrocure Ltd. - Ordinary Share (MCUR), Ribbon Communications (RBBN), Seagate Technology (STX), Drive Shack (DS), (WBMD) (WBMD) and Buckeye Partners (BPL).

RADCOM trades on the NASDAQ under the ticker symbol "RDCM."

RADCOM's stock is owned by many different institutional and retail investors. Top institutional shareholders include Lynrock Lake LP (11.23%), Herald Investment Management Ltd (1.25%), Renaissance Technologies LLC (1.12%), Russell Investments Group Ltd. (0.93%) and Riggs Asset Managment Co. Inc. (0.03%).

Shares of RDCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RDCM stock can currently be purchased for approximately $10.35.

RADCOM (NASDAQ:RDCM) has a market capitalization of $149.35 million and generates $40.28 million in revenue each year. The technology company earns $-5,260,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis.

The company employs 278 workers across the globe.

RADCOM's mailing address is 24 RAOUL WALLENBERG STREET, TEL AVIV L3, 69719. The official website for the company is www.radcom.com. The technology company can be reached via phone at (723) 645-5055, via email at ir@radcom.com, or via fax at 972-3647-4681.