RADCOM Reports Record Revenues and Optimistic 2024 Outlook

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.