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RADCOM News FOR IMMEDIATE RELEASE RADCOM Reports Second Quarter 2021 Results Second - quarter revenues of $ 9.8 million • Eighth consecutive quarter of year - over - year revenue growth • Cash , cash equivalents , and short - term bank deposits of $ 64.9 million and no debt Reiterates 2021 revenue guidance range of $ 39- $ 41 million TEL AVIV , Israel – August 12 , 2021 - RADCOM Ltd. ( Nasdaq : RDCM ) today reported its financial results for the second quarter ended June 30 , 2021 . Eyal Harari , RADCOM's Chief Executive Officer , commented , " We ended the second quarter with revenues of $ 9.8 million , which represents an eighth consecutive quarter of year - over - year revenue growth . We continued to execute the Company strategy and invest in our advanced 5G cloud technology as we engage in a significantly higher number of sales opportunities . Additionally , we secured several meaningful orders from our existing customer base during the quarter , increasing our visibility into the second half of 2021 . " As announced in May , we were selected by a top - tier LATAM operator during the second quarter to provide our assurance platform RADCOM ACE . This order covers the operator's 4G network with the expectation of expanding to their 5G network in the future . We continue to see increased momentum in the 5G market worldwide , with more and more operators launching initial 5G services and tender processes looking for 5G assurance . " Last week , we introduced an innovative Artificial Intelligence ( AI ) solution as part of RADCOM ACE , as we continue to advance our cloud technology while expanding our 5G assurance capabilities and enhancing our Al - driven insights . Our Al solution analyzes millions of data sessions in real - time and can reveal underlying network faults not otherwise quickly identified in 5G networks . This helps operators overcome the challenges of operating complex networks and helps ensure the quality of revenue - generating 5G services . " 5G is at the early stages of the journey , but it's an exciting time to be in the telecom industry . 5G momentum is building , which we believe will create additional growth opportunities . We are already engaged in multiple opportunities at different stages of the sales cycle and work within the 5G ecosystem to increase our pipeline . As more operators transition to 5G , we expect the demand for next - generation assurance solutions to increase . " Based on our current visibility , we reiterate the full year 2021 revenue guidance of $ 39-41 million . Second Quarter 2021 Financial Highlights :