Radcom Ltd. · NASDAQ:RDCM
Radcom — Q3 2019 Earnings Presentation
11 slides from Radcom's earnings presentation, November 2019
Slide 1: Reference Slides Earnings Call for Q3-19
Reference Slides Earnings Call for Q3-19
Slide 2: Safe Harbor Provision
SAFE Certain statements made herein that use words such as “estimate” , “project” , “intend”, “expect”, “believe”, “may”, “might”, “predict”, “potential”, “anticipate”, “plan” or similar expressions are intended to identify forward-looking statements within the meaning of the HARBOR Private Securiti
Slide 3: Overview
OVERVIEW • Revenues for the third quarter of 2019 were $9.4 million • Cash and cash equivalents and short-term bank deposits of $68.1 million and no debt • 2019 revenue guidance range of $31-$33 million 3
Slide 4: Third Quarter 2019 Financial Results
Third Quarter 2019 Financial Results 4
Slide 5: Consolidated Statements of Operations (GAAP)
CONSOLIDATED STATEMENTS OF OPERATIONS (GAAP) Radcom Ltd. Consolidated Statements of Operations (thousands of U.S. dollars, except per share data) Unaudited Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Revenues $ 9,389 $ 8,519 $ 23,981 $ 30,061 Cost of revenues
Slide 6: Consolidated Statements of Operations (Non-GAAP)
CONSOLIDATED STATEMENTS OF OPERATIONS (NON-GAAP) Radcom Ltd. Non-GAAP Consolidated Statements of Operations (thousands of U.S. dollars, except per share data) Unaudited Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 NON-GAAP (1) Revenues $ 9,389 $ 8,519 $ 23,981
Slide 7: Operating Expenses (GAAP)
OPERATING EXPENSES (GAAP) Radcom Ltd. Operating Expenses (thousands of U.S. dollars) Unaudited Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Research and development, gross $ 4,699 $ 3,933 $ 13,921 $ 11,429 Less - royalty-bearing participation 597 528 1,413 1,2
Slide 8: Operating Expenses (Non-GAAP)
OPERATING EXPENSES (NON-GAAP) Radcom Ltd. Non-GAAP Operating Expenses (thousands of U.S. dollars) Unaudited Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 NON-GAAP (1) Research and development, gross $ 4,488 $ 3,723 $ 13,353 $ 10,808 Less - royalty-bearing parti
Slide 9: Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS Radcom Ltd. Consolidated Balance Sheets (thousands of U.S. dollars) Unaudited As of As of September 30, December 31, 2019 2018 Cash and cash equivalents $ 9,504 $ 61,988 Short-term bank deposits 58,626 - Trade receivables, net 13,473 20,381 Inventories 1,203 251 Other rec
Slide 10: Current Assets vs. Current Liabilities ($M)
CURRENT ASSETS VS. CURRENT LIABILITIES ($M) 10
Slide 11: (RDCM)
(RDCM) All rights reserved. This presentation contains proprietary information of RADCOM Ltd. Without the express prior written permission of RADCOM Ltd., no part of the contents hereof may be used for any other purpose, disclosed to persons or firms outside the recipient company, or reproduced by a