RADCOM Ltd.

NasdaqCM:RDCM Stock Report

Market Cap: US$270.2m

RADCOM Management

Management criteria checks 3/4

RADCOM's CEO is Benny Eppstein, appointed in Dec 2024, has a tenure of 1.42 years. total yearly compensation is $1.21M, comprised of 33.1% salary and 66.9% bonuses, including company stock and options. directly owns 1.08% of the company’s shares, worth $2.91M. The average tenure of the management team and the board of directors is 3.9 years and 6.3 years respectively.

Key information

Benny Eppstein

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage33.11%
CEO tenure1.4yrs
CEO ownership1.1%
Management average tenure3.9yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Seeking Alpha • May 04

Radcom Q1 Preview: Slowing Down Growth, But Risk-To-Reward Is Enticing (Rating Upgrade)

Summary Radcom Ltd. is upgraded to a buy ahead of Q1 earnings, with fair value estimated at $21 per share. RDCM consistently beats revenue and EPS expectations, though growth is slowing; management maintains conservative guidance but expects strategic wins. The launch of Neura, an agentic AI suite leveraging RADCOM ACE and Nvidia BlueField-3, is positioned as a key growth catalyst. I see enticing risk-reward at current levels, but note volatility and the need for Tier-1 operator wins to sustain momentum. Read the full article on Seeking Alpha
Analysis Article • Jul 19

RADCOM's (NASDAQ:RDCM) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • May 15

RADCOM Ltd. (NASDAQ:RDCM) Shares Could Be 26% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for RADCOM is US$18.17 based on 2 Stage Free Cash Flow to Equity RADCOM's...
Analysis Article • May 01

Here's Why RADCOM (NASDAQ:RDCM) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Feb 08

RADCOM Ltd. (NASDAQ:RDCM) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

RADCOM Ltd. ( NASDAQ:RDCM ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article • Nov 14

Should You Be Adding RADCOM (NASDAQ:RDCM) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Sep 22

Is Now The Time To Look At Buying RADCOM Ltd. (NASDAQ:RDCM)?

RADCOM Ltd. ( NASDAQ:RDCM ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Seeking Alpha • Aug 09

Radcom's Steady And Profitable Revenue Growth Is Being Overlooked

Summary RADCOM Ltd. reported impressive Q2 results, with revenue up 20% and EPS up 120% year-over-year, beating expectations. The company's revenue and gross margin have shown consistent growth, with a strong balance sheet and minimal financial risks in the near term. I am not in a rush to purchase shares at the moment, but may on speculation of strong Q3 results or an opportunistic dip buy before then. Read the full article on Seeking Alpha
Analysis Article • May 22

RADCOM Ltd.'s (NASDAQ:RDCM) Revenues Are Not Doing Enough For Some Investors

RADCOM Ltd.'s ( NASDAQ:RDCM ) price-to-sales (or "P/S") ratio of 2.7x might make it look like a buy right now compared...
Analysis Article • Jan 26

Improved Revenues Required Before RADCOM Ltd. (NASDAQ:RDCM) Shares Find Their Feet

You may think that with a price-to-sales (or "P/S") ratio of 2.8x RADCOM Ltd. ( NASDAQ:RDCM ) is a stock worth checking...
Seeking Alpha • Sep 13

RADCOM renews cloud-native assurance solutions contract with Rakuten Mobile

RADCOM (NASDAQ:RDCM) renews its initial contract signed in 2019 with Rakuten Mobile to continue its successful partnership in providing advanced cloud-native assurance solutions for Rakuten Mobile's network in Japan. "Following our successful partnership with Rakuten Mobile, we continue to work closely together as the Japanese operator launches new innovative services and expands their network. Our advanced cloud-native solutions ensure unparalleled focus on network service quality, efficient impact analysis, and fast detection of potential issues." said Rami Amit, chief technology officer of RADCOM.
Seeking Alpha • Aug 25

RADCOM Ramps Up Guidance On 5G Rollouts

Summary RADCOM Ltd. recently reported its Q2 2022 financial results. The firm provides network intelligence and service assurance software and services to communications service providers. RDCM recently announced a prominent customer win with DISH and expects growth well into 2023. I'm cautiously optimistic about RDCM at around $11.60 per share. A Quick Take On RADCOM RADCOM Ltd. (RDCM) recently reported its Q2 2022 financial results on August 11, 2022, beating expected revenue and EPS estimates. The company provides network intelligence and service assurance software and services to communications service providers. It recently announced a high visibility customer win in DISH’ 5G network launch and raised 2022 revenue guidance for a second time this year. My outlook is a Buy for RDCM at around $11.60 per share on the strength of its prospects in the 5G space. RADCOM Overview Tel Aviv, Israel-based RADCOM Ltd. was founded in 1985 and provides a range of cloud-based, 5G standard-ready network intelligence and service assurance software solutions for communications service providers worldwide. The firm is headed by Chief Executive Officer Eyal Harari, who was previously Software Group Manager at Tvuna. The company’s primary offerings include: Network Visibility Service Assurance Network Insights The firm acquires customers via its direct sales and marketing efforts focused on a wide range of telecom service providers across all market tiers. RADCOM’s Market & Competition According to a 2022 market research report by MarketsAndMarkets, the market for telecom service assurance was an estimated $6.5 billion in 2021 and is forecast to reach $10.4 billion by 2026. This represents a forecast CAGR of 9.9% from 2022 to 2026. The main drivers for this expected growth are demand from communications service providers for products that detect and remediate network performance issues to reduce customer churn. Also, large enterprise providers are expected to hold the largest market share within the vendor universe. Major competitive or other industry participants include: NEC Ericsson Amdocs NETSCOUT Broadcom HPE Accenture Huawei Spirent TEOCO EXFO Infovista SysMech Anodot Matellio Stixis Others RADCOM’s Recent Financial Performance Total revenue by quarter has grown unevenly in the past 5 quarters: 5 Quarter Total Revenue (Seeking Alpha) Gross profit by quarter has plateaued, as the chart shows here: 5 Quarter Gross Profit (Seeking Alpha) Selling, G&A expenses as a percentage of total revenue by quarter have fluctuated as follows: 5 Quarter SG&A % Of Revenue (Seeking Alpha) Operating income by quarter has remained negative in the past five quarters: 5 Quarter Operating Income (Seeking Alpha) Earnings per share (Diluted) have remained negative recently as well: 5 Quarter Earnings Per Share (Seeking Alpha) (All data in above charts is GAAP) In the past 12 months, RDCM’s stock price has risen 9.2% vs. the U.S. S&P 500 index’ fall of around 7.3%, as the chart below indicates: 52 Week Stock Price (Seeking Alpha) Valuation And Other Metrics For RADCOM Below is a table of relevant capitalization and valuation figures for the company: Measure [TTM] Amount Enterprise Value / Sales 2.31 Revenue Growth Rate 10.7% Net Income Margin -9.9% GAAP EBITDA % -10.0% Market Capitalization $171,260,000 Enterprise Value $99,580,000 Operating Cash Flow $2,000,000 Earnings Per Share (Fully Diluted) -$0.31 (Source - Seeking Alpha) The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory. RDCM’s most recent GAAP Rule of 40 calculation was only 0.7% as of Q2 2022, so the firm needs significant improvement in this regard, per the table below: Rule of 40 - GAAP Calculation Recent Rev. Growth % 10.7% GAAP EBITDA % -10.0% Total 0.7% (Source - Seeking Alpha) Commentary On RADCOM In its last earnings call (Source - Seeking Alpha), covering Q2 2022’s results, management highlighted recent customer wins in the 5G space as well as an extension of a multiyear deal with AT&T. Management believes the ‘5G market is ramping up’, with DISH recently selecting the firm to monitor its 5G smart network launched for the Las Vegas market and expanding to more than 120 U.S. cities, or about 20% of the population. The firm’s previous integration with AWS has enabled the DISH relationship to scale more automatically. Management is seeing increased collaboration between telecom firms and public cloud providers such as AWS. As to its financial results, revenue rose by 14% year-over-year while non-GAAP gross margin was reported as 72%. SG&A increased while gross R&D decreased. GAAP operating income remained negative as did earnings per share. For the balance sheet, the company finished the quarter with cash, equivalents and short-term bank deposits of $73.1 million. The firm has used working capital of $9.1 million in the past 4 quarters. Looking ahead, management doesn’t currently see any negative impact from current global economic changes as network operators seek to migrate their networks to 5G capabilities.
Seeking Alpha • Aug 10

Radcom Q2 2022 Earnings Preview

Radcom (NASDAQ:RDCM) is scheduled to announce Q2 earnings results on Thursday, August 11th, before market open. The consensus EPS Estimate is -$0.01 (+50.0% Y/Y) and the consensus Revenue Estimate is $10.79M (+10.6% Y/Y). Over the last 2 years, RDCM has beaten EPS estimates 100% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. Revenue estimates have seen 1 upward revision and 0 downward.
Seeking Alpha • Jul 06

RADCOM to deploy its 5G automated network assurance solution in Symworld

RADCOM (NASDAQ:RDCM) innovative service assurance solution RADCOM ACE, deployed on Rakuten Mobile's fully virtualized cloud-native network in Japan, will be globally available in the Rakuten Symphony Symworld marketplace. Through Symworld marketplace, operators will be able to install RADCOM ACE into their live network. "We are thrilled to bring our cloud-native assurance solution to Rakuten Symphony's SymworldTM marketplace. Following our successful partnership with Rakuten Mobile in Japan, we are excited to offer operators worldwide our innovative solutions through Rakuten Symphony. This partnership is an important acknowledgment of our strong relationship with Rakuten and our 5G assurance capabilities." said Eyal Harari, RADCOM's Chief Executive Officer.  Press Release
Seeking Alpha • Dec 14

Radcom: Undetected TAM Expansion For An Underfollowed Nasdaq Company

Radcom is the technology leader in a new market (virtualized 5G service assurance) that is expected to grow significantly in the coming years. They have a well-filled internal sales opportunity pipeline. By partnering with Rakuten, they also have a massive external sales channel with great optionality. Despite these huge sales opportunities, 93% of revenues were generated by just three customers in 2020. I believe previous investors misinterpreted the dynamics of the 5G rollout and the scenario in which Radcom will shine. As a result, the story seemed broken where, but in my opinion, it is just beginning.

CEO Compensation Analysis

How has Benny Eppstein's remuneration changed compared to RADCOM's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$1mUS$400k

US$12m

Compensation vs Market: Benny's total compensation ($USD1.21M) is about average for companies of similar size in the US market ($USD1.59M).

Compensation vs Earnings: Insufficient data to compare Benny's compensation with company performance.

CEO

Benny Eppstein (51 yo)

1.4yrs
Tenure
US$1,207,935
Compensation

Mr. Benny Eppstein, also known as Benny, is Chief Executive Officer of RADCOM Ltd. from December 1, 2024. Mr. Eppstein is a seasoned telecom industry veteran with a distinguished track record at Ericsson a...

Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Eppstein
Chief Executive Officer1.4yrsUS$1.21m1.08%
$ 2.9m
Hilik Itman
Chief Operating Officer6.3yrsUS$1.15m0.57%
$ 1.6m
Rami Amit
CTO & Head of Product9.3yrsUS$763.29k0.51%
$ 1.4m
Hod Cohen
Chief Financial Officerless than a yearno data0.30%
$ 807.0k
Shirly Bashan
Vice President of Research & Development?no datano datano data
Michal Fridman
Vice President of Marketing & Business Developmentno datano datano data
Moran Adania
Vice President of Human Resourcesno datano datano data
Assaf Landau
Chief Solutions Officerno datano datano data
3.9yrs
Average Tenure
51.5yo
Average Age

Experienced Management: RDCM's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Oren Most
Independent Director6.8yrsno data0.20%
$ 539.1k
Sami Totah
Independent Director1.9yrsno data0.14%
$ 391.4k
David Ripstein
Independent Director1.9yrsUS$601.73k0.081%
$ 219.3k
Rami Schwartz
Independent Chairman6.8yrsno data0.039%
$ 106.6k
Rachel Bennun
Director13.4yrsUS$449.30k0.49%
$ 1.3m
Yaron Ravkaie
Independent Director6.3yrsUS$799.06k0.016%
$ 43.5k
Andre Fuetsch
Independent Director2.8yrsno data0.14%
$ 377.7k
6.3yrs
Average Tenure
67yo
Average Age

Experienced Board: RDCM's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 13:22
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RADCOM Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan KoontzNeedham & Company
Arjun BhatiaWilliam Blair & Company L.L.C.