Radcom Ltd (OQ:RDCM)
Business Focus: Computer Peripherals
| Sector: Technology | Industry: Computer Hardware |
| Company Contact | |
| Address: | 24 Raoul Wallenberg st. TEL AVIV-YAFO 6971920 |
| Tel: | N/A |
| Website: | https://www.radcom.com |
| IR: | See website |
| Key People | ||
| Rachel Bennun Executive Chairman of the Board of Directors | Hilik Itman Interim Chief Executive Officer, Chief Operating Officer | Hadar Rahav Chief Financial Officer | Rami Amit Chief Technology Officer, Head of Product |
| Business Overview |
| RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband. Its software-based solutions enable CSPs to manage both existing networks and network functions virtualization (NFV) based architectures. Its products and solutions include The MaveriQ Solution for Service Assurance and customer experience management (CEM). The MaveriQ solution is a probe-based customer and service assurance solution designed to enable CSPs to carry out end-to-end voice and data quality monitoring and to manage their networks and services. The MaveriQ solution offers analysis and troubleshooting tools. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Radcom Ltd revenues increased 12% to $51.6M. Net income totaled $3.7M vs. loss of $2.3M. Revenues reflect North America segment increase of 39% to $31.8M, Europe & Middle East & Africa (EMEA) (Region) segment increase of 14% to $8.7M. Net Income reflects Interest Income increase from $1.8M to $4.3M (income), Research and development - Balancing decrease of 11% to $16.9M (expense). |
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