Radcom: 3Q Earnings Snapshot
Radcom: 3Q Earnings Snapshot
TEL AVIV, Israel (AP) _ Radcom Ltd. (RDCM) on Wednesday reported third-quarter net income of $634,000.
The Tel Aviv, Israel-based company said it had net income of 5 cents per share. Earnings, adjusted for stock option expense, came to 7 cents per share.
The monitoring service for the communications industry posted revenue of $8.5 million in the period.
Radcom shares have declined 50 percent since the beginning of the year. The stock has declined 49 percent in the last 12 months.
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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