Radcom Ltd. (RDCM)
Israel-based software maker Radcom Ltd. (NASDAQ: RDCM) reported strong earnings results for the fourth quarter earlier this month. It logged quarterly sales of $5.4 million, up 29% year-over-year, and earnings of $500,000, or 8 cents per share, a 104% yearly increase. I can tell you just based on the year-over-year comparisons that these results are quite strong.
The company stands to benefit from the implementation of 4G/LTE technology over the next year as more and more businesses use Radcom’s products to ensure the integrity of their networks. Radcom is also rapidly expanding into emerging markets, with 32% of its sales coming from Latin America, and 19% of its sales coming from Asia/Pacific last year.
Buy RDCM below $13.