Investing.com - Radcom (NASDAQ:RDCM) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Radcom announced earnings per share of $0.06 on revenue of $12M. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $11.3M.
Radcom shares are down 23.1% from the beginning of the year, still down 29.80% from its 52 week high of $14.70 set on January 12.
Radcom follows other major Information Technology sector earnings this month
Radcom's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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