Radcom (RDCM) has released an update.
RADCOM, a leader in 5G-ready cloud-native network intelligence solutions, reports a revenue increase of 17.5% in the first quarter of 2024, marking the nineteenth consecutive quarter of year-over-year growth. The company also highlights its highest-ever cash reserve at $85.3 million, and a confident outlook with raised revenue guidance for the year, reflecting a robust financial performance and strategic partnerships.
For further insights into RDCM stock, check out TipRanks’ Stock Analysis page.