RADCOM's Impressive Financial Performance in Q2 2024
RADCOM Limited (RDCM) reported strong financial results for the second quarter of 2024, achieving record quarterly revenues of $14.8 million, a 20% increase from the previous year. The company also announced a positive cash flow of $86.1 million and raised its revenue guidance for 2024 to between $58 million and $61 million. These results highlight RADCOM's successful execution and robust demand for its assurance and analytics solutions, especially in the 5G market.
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