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RADCOM News FOR IMMEDIATE RELEASE RADCOM Reports First Quarter 2021 Results • First quarter revenues of $ 9.1 million , 10 % year - over - year growth • • Cash , cash equivalents , and short - term bank deposits of $ 67.3 million and no debt Reiterating 2021 revenue guidance range of $ 39- $ 41 million - TEL AVIV , Israel – May 11 , 2021 – RADCOM Ltd. ( Nasdaq : RDCM ) today reported its financial results for the first quarter ended March 31 , 2021 . Commenting on the results , Eyal Harari , RADCOM's CEO , said : " We are pleased with our first quarter financial results , which reflected year - over - year growth and improvement in our bottom - line . We continued to invest and strengthen our position as the leading 5G assurance provider . During the quarter , we remained focused on executing our growth strategy and increasing our install base while ensuring the safety of our employees and customers during the pandemic . " - As previously announced , we are excited about being selected by a top - tier LATAM operator to provide our innovative assurance platform RADCOM ACE . This order resulted from a tender process that evaluated multiple vendors for their 4G and 5G assurance capabilities . This order covers assurance for this top - tier operator's 4G network with the expectation of expanding to their 5G network in the future . In March , we were pleased to announce RADCOM ACE's integration with Microsoft Azure , which provides operators with a carrier - grade assurance solution for deploying 5G on Microsoft's public cloud . The industry trend of operators cooperating with leading cloud providers and requiring more automated processes in managing the network continues to gain momentum . We believe our leading 5G assurance platform , RADCOM ACE , developed through years of R & D investments , positions us well to capitalize on the transition to cloud - native networks and 5G . Operators will soon be required to upgrade their existing network and assurance infrastructure to deliver the full capabilities of 5G . Our technology provides an integrated cloud - native assurance solution to monitor their network performance in real - time and ensure a superior customer experience is offered in their transitions to 5G . We are ready to take advantage of these opportunities . Based on our current visibility , we reiterate full year 2021 revenue guidance of $ 39-41 million . First Quarter 2021 Financial Highlights : • Total revenues for the first quarter were $ 9.1 million , compared to $ 8.3 million in the first quarter of 2020 GAAP net loss for the first quarter decreased to $ 1.7 million , or $ 0.12 per diluted share , compared