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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) has renewed its contract with Rakuten Mobile Inc., extending their partnership first established in 2019. This renewal allows RADCOM to continue delivering its cloud-native assurance solutions for Rakuten's network in Japan. The solutions enable real-time service monitoring and network analytics, supporting Rakuten in maintaining service quality. As Rakuten launches new services, RADCOM focuses on efficient network management and swift issue detection, bolstering customer experience and reducing operational costs.
RADCOM Ltd. (Nasdaq: RDCM) reported strong financial results for Q2 2022, achieving revenues of $11.1 million, a 14% increase year-over-year. This marks the company's 12th consecutive quarter of growth. Non-GAAP net income improved to $0.02 million from a loss of $0.3 million a year prior. Cash and short-term deposits reached a four-year high of $73.1 million. The company raised its 2022 revenue guidance for the second time, now projecting $45 million-$48 million, driven by new contract wins, including a multi-year 5G assurance contract in Europe and partnerships with DISH and AT&T.
RADCOM Ltd. (Nasdaq: RDCM) announced that it will release its financial results for Q2 2022 on August 11, 2022, before the market opens. The management will conduct a conference call at 8:00 AM ET on the same day to discuss the results and address questions. Interested parties can join the call by dialing the US toll-free number +1-866-652-8972 or +972-3-918-0644 from other locations. RADCOM specializes in 5G cloud-native network intelligence solutions, focusing on enhancing telecom operators' transition to 5G.
RADCOM Ltd. (Nasdaq: RDCM) announced the global availability of its 5G service assurance solution, RADCOM ACE, through Rakuten Symphony's Symworld™ marketplace. Deployed in Rakuten Mobile's cloud-native network in Japan, RADCOM ACE aims to support telecom operators worldwide in their transition to 5G. The solution provides advanced, impartial insights across the network lifecycle, enhancing customer experiences and optimizing performance. This partnership strengthens RADCOM's relationship with Rakuten and underscores its capabilities in 5G assurance.
SatixFy Communications has appointed David Ripstein as the new CEO, effective June 27, 2022. Ripstein previously held CEO roles at RADCOM and GreenRoad Technologies. The company is finalizing a business combination with Endurance Acquisition Corp. (NASDAQ: EDNC), expected to close in the second half of 2022. This merger is aimed at enhancing SatixFy’s growth in satellite communications. Yoav Leibovitch remains as Chairman and CFO. The transaction will enable aggressive sales strategies with expected revenue growth.
RADCOM Ltd. (RDCM) announced its Q1 2022 financial results, reporting revenues of $10.6 million, a 16% year-over-year increase, marking the 11th consecutive quarter of growth. The company updated its full-year revenue guidance from $42-$45 million to $43-$47 million. In 2022, RADCOM secured significant contracts, including a multi-year assurance contract with DISH Wireless for 5G network monitoring and renewed its contract with AT&T. As of March 31, 2022, RADCOM had $70.9 million in cash, no debt, and reported a GAAP net loss of $0.6 million.
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RADCOM (Nasdaq: RDCM) will present at the 17th Annual Needham Technology & Media Conference on May 18, 2022, at 8:45 AM ET, virtually by CEO Eyal Harari. One-on-one meetings can be arranged through Needham representatives. A live webcast of the presentation will be available at this link, with slides accessible on RADCOM's investor relations page on the presentation day. The webcast will remain accessible for 90 days after the event.
RADCOM Ltd. (Nasdaq: RDCM) will announce its financial results for Q1 2022 on May 12, 2022, prior to the Nasdaq market opening. The company specializes in 5G network intelligence solutions for telecom operators. An interactive conference call is scheduled for the same day at 8:00 AM ET to discuss the results and answer questions from participants. Investors can join the call using designated numbers provided in the announcement. For further inquiries, investor relations can be contacted via Miri Segal, MS-IR LLC.
RADCOM Ltd. (NASDAQ: RDCM) has secured a multi-year contract to implement its RADCOM ACE service assurance solution for a European mobile operator. This contract aims to enhance customer experience through real-time analytics for 5G services, ensuring smooth deployment, optimal service quality, and automated network performance. RADCOM ACE's cloud-native technology offers vendor-agnostic visibility, enabling quick identification and resolution of service issues. The announcement underscores RADCOM's leadership in the 5G assurance market.