Aug. 13 at 12:18 PM
$RDCM
🚨 🚨 🚨
Revenue:
$17.7 million, representing a 19.3% year-over-year increase.
GAAP Net Income:
$2.4 million, or
$0.15 per diluted share.
Non-GAAP Net Income (adjusted):
$4.2 million, or
$0.25 per diluted share.
Cash Flow:
$2.6 million positive cash flow.
Cash Position:
$101.6 million cash and cash equivalents with no debt, the highest ever for the company.
Revenue growth exceeded the company's full-year guidance midpoint.
Profitability metrics improved significantly year-over-year, with GAAP operating margin expanding from 5.9% to 9.9% and non-GAAP operating margin reaching 19.5%.
Strong cash generation and record cash levels provide financial flexibility.
