RADCOM LTD Announces Fourth Quarter Fiscal Year 2022 Earnings Results for February 8 2023
March 30, 2023
Earnings Overview
RADCOM LTD ($BER:RAM) announced its fourth quarter fiscal year 2022 earnings results on February 8 2023. Total revenue for this quarter was USD -0.0 million, representing a 97.8% rise compared to the same period in the previous year. Net income rose 10.1%, amounting to USD 12.3 million.
Price History
At the start of the day, RADCOM LTD‘s stock opened at €9.2 and closed at the same price, down by 1.6% from the prior closing price of 9.4. RADCOM LTD’s Cloud Solutions business grew by 10%, driven primarily by new customer acquisitions and existing customer expansion in the quarter. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Radcom Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 46.05 | -2.26 | -4.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Radcom Ltd. More…
| Operations | Investing | Financing |
| 2 | -3.5 | 0 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Radcom Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 101 | 28.22 | 4.87 |
Key Ratios Snapshot
Some of the financial key ratios for Radcom Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | 28.0% | -8.9% |
| FCF Margin | ROE | ROA |
| 3.9% | -3.6% | -2.5% |
Analysis
At GoodWhale, we analyzed the well-being of RADCOM LTD and found it to be a medium risk investment in terms of financial and business aspects. Our Risk Rating system allows investors to gauge their potential risk when investing in RADCOM LTD. In addition, our analysis has uncovered two risk warnings in the balance sheet and cashflow statement that may be of concern to potential investors. To find out more, simply register with us and we will provide you with all the necessary details. More…
Summary
RADCOM LTD reported impressive fourth quarter of fiscal year 2022 earnings results. Total revenue went up 97.8%, with net income increasing by 10.1%. This performance is a testament to the company’s resilience and ability to reap profits even in a volatile market environment.
Investors should be encouraged by RADCOM’s performance as it indicates strong growth prospects for the company. The strong financials could signify potential upside for investors, making it an attractive investment opportunity.
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