RADCOM Shares Gain On Q1 Beat, Guidance Boost
RADCOM Ltd (NASDAQ:RDCM) reported first-quarter FY22 revenue growth of 16% year-on-year to $10.6 million, ahead of the consensus of $10.2 million. The non-GAAP gross margin contracted 100 bps to 74% as the costs expanded 19.9% Y/Y. Non-GAAP EPS of $0.04 beat the consensus loss of $(0.04). RADCOM held $70.9 million in cash and…
Benzinga ·