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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) announced the launch of its AI-driven Virtualized Network Operations Center (vNOC), utilizing the latest RADCOM ACE solution to enhance automated network management. This innovation aims to improve end-user experiences and drive cost efficiencies by employing advanced AI analytics for anomaly detection and root cause analysis. Key benefits include optimized service quality for various applications, including 5G roaming and IoT, while significantly reducing operational costs. The vNOC leverages Machine Learning and generative AI, offering a proactive approach to network diagnostics and management. RADCOM showcased this technology at the Mobile World Congress in Barcelona, held from February 27 to March 2, 2023.
RADCOM Ltd. (Nasdaq: RDCM) has announced a definitive agreement to acquire Continual Ltd., a leader in mobility experience analytics, for up to $2.5 million. This acquisition aims to enhance RADCOM ACE analytics, specifically in location and mobility, which is crucial for optimizing the subscriber journey in the context of 5G. Expected revenue from Continual in 2023 is projected to be less than 5% of RADCOM's total revenue. The transaction is set to close within three months, pending regulatory approvals.
RADCOM Ltd. (Nasdaq: RDCM) reported a record revenue of $46.1 million for 2022, marking a 14% increase year-over-year. The company achieved a non-GAAP net income of $2.9 million, contrasting with a GAAP net loss of $2.3 million. Positive cash flow reached $7 million, bolstering cash reserves to $77.7 million without debt. Management anticipates continued growth, projecting full-year 2023 revenues between $50 million to $53 million. The fourth quarter alone produced revenues of $12.3 million, a substantial increase from $11.2 million in Q4 2021, alongside a notable shift to profitability on a non-GAAP basis.
RADCOM Ltd. (NASDAQ: RDCM) will announce its financial results for the fourth quarter and full year 2022 on February 8, 2023, prior to the opening of Nasdaq trading. A conference call is scheduled for the same day at 8:00 AM EST to discuss the results and address questions. Interested participants can join via US toll-free number +1-866-652-8972 or +972-3-918-0644 from other locations. The call will be accessible online after the event through RADCOM's investor relations website. RADCOM specializes in cloud-native network intelligence solutions for telecom operators transitioning to 5G.
RADCOM Ltd. (Nasdaq: RDCM) has secured a new agreement with an operator in North America to implement its RADCOM ACE solution, providing real-time network performance insights as the operator expands 5G coverage while maintaining its 4G network. The RADCOM ACE will automate traffic analysis and monitor network performance from RAN to core, ensuring superior customer experiences. The solution is tailored for efficient operations within a cloud-native environment, addressing the needs of modern telecom infrastructure.
RADCOM (NASDAQ: RDCM) announced that its CEO, Eyal Harari, will present at the 25th Annual Needham Growth Conference on January 11, 2023, at 10:15 a.m. ET. Eyal will also participate in one-on-one meetings during the event. A live webcast will be available at this link and will be archived for 90 days. Presentation slides will be accessible on RADCOM's investor relations website on the same day.
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RADCOM Ltd. (NASDAQ: RDCM) reported record quarterly revenue of $12 million, reflecting a 17% year-over-year increase. Non-GAAP net income reached a four-year high of $1 million. In the first nine months of 2022, revenue grew by 16% year-over-year, with expectations set for continued growth into 2023. Management reaffirmed the full-year 2022 revenue guidance of $45-48 million. Strengthened partnerships, particularly with Rakuten Mobile, and successful new contract wins are key highlights. The company remains optimistic about sustained growth.
RADCOM (NASDAQ: RDCM) will present at the 16th Annual Needham Virtual Security, Networking, & Communications Conference on November 15, 2022, at 10:15 a.m. Eastern Time. CEO Eyal Harari will deliver the presentation and hold 1-on-1 meetings that day. Interested participants can register for the virtual event through this link. The presentation will be archived for 90 days, with slides available on RADCOM's investor relations page.
RADCOM specializes in 5G-ready cloud-native network intelligence solutions.
RADCOM (Nasdaq: RDCM) announced it will release its third-quarter financial results for the period ending September 30, 2022, on November 10, 2022, before the market opens. Management will host a conference call that same day at 8:00 a.m. ET to discuss the results and address questions. Participants can join by calling +1-866-652-8972 (U.S. toll-free) or +972-3-918-0644 (International). The conference call will be archived on RADCOM's IR website. RADCOM specializes in 5G network intelligence solutions for telecom operators.