Recap: Radcom Q1 Earnings

Radcom RDCM reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Radcom beat estimated earnings by 300.0%, reporting an EPS of $0.12 versus an estimate of $0.03.

Revenue was up $1.40 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 1.9% drop in the share price the next day.

Here's a look at Radcom's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.04	0.01	-0.010	-0.04
EPS Actual	0.09	0.06	0.001	0.04
Revenue Estimate	12.21M	11.35M	10.79M	10.21M
Revenue Actual	12.29M	12.01M	11.13M	10.62M

To track all earnings releases for Radcom visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.