RDCM - RADCOM Secures Over $45M in New Contracts Since the Beginning of 2024 | Benzinga
TEL AVIV, Israel, June 6, 2024 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM) announced that it has secured over $45 million in new contracts since the beginning of 2024.
This significant achievement validates the company's strategy for growing the business and increasing revenue through RADCOM's innovative solutions, especially with the transition to 5G and cloud-based networks.
Mr. Hilik Itman, RADCOM's interim Chief Executive Officer, commented, "Securing over $45 million in new contracts strengthens our position as a leading provider of cloud-based solutions for telecom operators, especially for the transition to cloud-based 5G networks. This success highlights our ability to expand our solution deployments and drive the business forward. These achievements emphasize our commitment to delivering innovative solutions that meet the evolving needs of our customers, and we believe this positive momentum will continue throughout the year."
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Investor Relations:
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MS-IR LLC
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msegal@ms-ir.com
Company Contact:
Hadar Rahav