Radcom (NASDAQ:RDCM) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Radcom beat estimated earnings by 300.0%, reporting an EPS of $0.12 versus an estimate of $0.03.
Revenue was up $1.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 1.9% drop in the share price the next day.
Here’s a look at Radcom’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.01 | -0.010 | -0.04 |
| EPS Actual | 0.09 | 0.06 | 0.001 | 0.04 |
| Revenue Estimate | 12.21M | 11.35M | 10.79M | 10.21M |
| Revenue Actual | 12.29M | 12.01M | 11.13M | 10.62M |
To track all earnings releases for Radcom visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
