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RADCOM Ltd. reports developments in AI-powered service assurance, network observability and financial performance for telecom operators. The company’s flagship RADCOM ACE platform uses AI-driven analytics and generative AI to capture and analyze real-time data across mobile and fixed networks, including 5G radio access and core network environments.
Recurring RADCOM news includes quarterly and annual results, product launches such as RADCOM Neura, network visibility contracts, strategic partnerships, investor conference participation and governance updates. Company updates also describe integration with BSS, OSS and service management platforms, along with the role of AIOps, customer-experience analytics and cloud-agnostic architecture in telecom network automation.
RADCOM Ltd. (Nasdaq: RDCM) reported third-quarter financial results for 2020, highlighting a revenue increase to $9.8 million, up from $9.4 million in 2019. The GAAP net loss improved to $0.4 million, or $0.03 per diluted share, compared to a loss of $1.7 million in Q3 2019. Non-GAAP net income was $0.2 million, or $0.02 per diluted share. The company signed a significant multi-year 5G assurance contract with Rakuten Mobile and aims for full-year revenue of $35 million to $38 million.
RADCOM Ltd (Nasdaq: RDCM) has finalized a multi-year agreement with Rakuten Mobile, Inc. to provide service assurance for its Non-Stand Alone (NSA) and forthcoming Stand Alone (SA) 5G services. RADCOM will implement its cloud-native solution, RADCOM ACE, to ensure end-to-end service assurance for Rakuten's 5G network. This partnership builds on prior collaboration during Rakuten's mobile network launch. RADCOM ACE will automate life cycle assurance for enhanced customer experiences, providing advanced tools for real-time monitoring and troubleshooting, crucial for maintaining high service quality.
RADCOM Ltd. (Nasdaq: RDCM) will be presenting at the Needham Virtual Security, Networking, and Communications Conference on November 17, 2020, at 4:30 PM EST. CEO Eyal Harari will lead the presentation, which will also feature virtual one-on-one meetings for qualified investors. A live webcast will be accessible to the public and archived for 90 days. RADCOM specializes in 5G network intelligence solutions, enabling telecom operators to transition effectively to 5G with advanced services and troubleshooting techniques.
RADCOM Ltd. (Nasdaq: RDCM) will announce its financial results for Q3 on November 10, 2020, before market opening. A conference call will follow at 8:00 AM EST for management to discuss results and answer questions. Participants can join via toll-free numbers from the US or other locations. The call will be available for replay on RADCOM's website. RADCOM specializes in cloud-native network intelligence solutions for telecom operators transitioning to 5G, providing insights and assurance from RAN to core networks.
RADCOM Ltd. (Nasdaq: RDCM) announced that CEO Eyal Harari will present at the LD Micro 500 Virtual Conference on September 1, 2020, at 11:20 AM EDT. Management will hold virtual one-on-one meetings from September 1-3, 2020. Interested parties can schedule meetings by contacting Miri Segal at msegal@ms-ir.com. A live webcast of the presentation will be available at this link and archived for 90 days. Presentation slides will be posted on RADCOM's investor relations site.
RADCOM Ltd. (Nasdaq: RDCM) reported second quarter revenues of $9.2 million, up from $8.5 million in the same period last year. The company achieved a GAAP net loss of $0.2 million, significantly improved from a loss of $0.9 million year-over-year. Non-GAAP net income was reported at $0.2 million, recovering from a $0.4 million loss. With $66 million in cash and no debt, RADCOM reiterates its 2020 revenue guidance of $35-$38 million. CEO Eyal Harari highlighted advancements in 5G technology and the launch of RADCOM ACE, a new assurance solution for 5G networks.
RADCOM Ltd. (Nasdaq: RDCM) announced the launch of RADCOM ACE, an automated 5G assurance solution aimed at optimizing network management for telecom operators. This cloud-native solution enhances operational efficiency by automating monitoring and issue resolution, ensuring optimal service quality. RADCOM ACE utilizes advanced technologies including AI and ML, significantly reducing Total Cost of Ownership. Already in trials with major cloud-native networks, RADCOM ACE supports various cloud environments, promising agile deployment and resource efficiency.
RADCOM Ltd. (NASDAQ: RDCM) will announce its Q2 2020 financial results on August 11, 2020, before the Nasdaq opens. An interactive conference call is scheduled for 8:00 AM EDT to discuss the results and address questions. Interested participants can join using the US toll-free number +1-888-407-2553 or the international number +972-3-918-0610, starting five minutes prior. The replay will be accessible on RADCOM's website from the same day.