Radcom reports 4Q loss

TEL AVIV, Israel (AP) _ Radcom Ltd. (RDCM) on Tuesday reported a loss of $737,000 in its fourth quarter.

The Tel Aviv, Israel-based company said it had a loss of 6 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 4 cents per share.

The monitoring service for the communications industry posted revenue of $8 million in the period.

For the year, the company reported net income of $1.9 million, or 18 cents per share, swinging to a profit in the period. Revenue was reported as $29.5 million.

Radcom expects full-year revenue in the range of $36 million to $39 million.

Radcom shares have climbed slightly more than 1 percent since the beginning of the year. The stock has increased 31 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDCM at https://www.zacks.com/ap/RDCM


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