Needham Sticks to Its Hold Rating for Radcom (RDCM)

By Ryan Adsit

Needham analyst Alex Henderson maintained a Hold rating on Radcom (RDCMResearch Report) today. The company’s shares closed last Monday at $9.00.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 14.2% and a 52.7% success rate. Henderson covers the Consumer Goods sector, focusing on stocks such as Lumentum Holdings, Ceragon Networks, and Extreme Networks.

Radcom has an analyst consensus of Hold.

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Based on Radcom’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $936K. In comparison, last year the company had a net profit of $634K.

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RADCOM Ltd. engages in the development, manufacture, marketing, and support of innovative network test and service monitoring solutions for communications service providers and equipment vendors. Its products and services includes Service Assurance, Roaming & Interconnection, Customer Experience Management and Protocol Analyzers.