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Technology Stocks : Radcom Ltd. (RDCMF)
RDCM 13.38-3.0%3:56 PM EST

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From: JakeStraw7/23/2014 9:03:29 AM
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RADCOM Reports Q2 & H1 Financial Results: On-Track Performance Across All Parameters Driven By Strong Demand For Software-Based MaveriQ CEM
finance.yahoo.com

"We are pleased to report another quarter of on-track performance as demonstrated by our rising profits, margins, cash and collection," commented Mr. David Ripstein, RADCOM's President and CEO. "These good results reflect the market's strong reception of our new MaveriQ product, a software-based CEM solution that is driving our business to a whole new level. MaveriQ's unique capabilities for the LTE era have made us 'contenders' in more and larger opportunities than ever before, while giving us a high win rate with both new and repeat customers in all geographies. MaveriQ's readiness for the virtualized environment positions us to benefit strongly from the long-term potential of this new technology cycle. Just as important, MaveriQ's higher margins – coupled with our success in managing expenses across the board – has made us more profitable. This is our formula for long-term growth and success, in line with our plans and projections."
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