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RADCOM • FOR IMMEDIATE RELEASE RADCOM Reports Third Quarter 2021 Results Third - quarter revenues of $ 10.2 million Cash , cash equivalents , and short - term bank deposits of $ 67 million and no debt Reiterates 2021 revenue guidance range of $ 39 million to $ 41 million TEL AVIV , Israel - November 11 , 2021 - RADCOM Ltd. ( Nasdaq : RDCM ) today reported its financial results for the third quarter ended September 30 , 2021 . Eyal Harari , RADCOM's Chief Executive Officer , commented , " We started the second half of the year with solid financial results , which represents a ninth consecutive quarter of year - over - year revenue growth as we execute our strategy . We maintain our positive outlook for the fourth quarter . We are optimistic about our overall ability to deliver another growth year in 2021 and reiterate our full - year 2021 revenue guidance of $ 39 million to $ 41 million . Moreover , with our current visibility , we believe this trend will continue in 2022 . " During the quarter , we continued our significant R & D investment in our advanced 5G assurance technology and integrations into more cloud ecosystems . In addition , we issued a press release announcing our integration with Amazon Web Services ( AWS ) in August . Integration with AWS provides operators with a dynamic , automated service assurance solution for deploying and optimizing 5G services on the AWS cloud and Amazon EKS for on - premises implementations . The AWS announcement followed our Microsoft press release in the first quarter of 2021 , covering our integration with Microsoft Azure . " We also announced in August our innovative Al solution for 5G Networks as part of our automated 5G assurance product RADCOM ACE . Our technology utilizes Artificial Intelligence ( AI ) and Machine Learning ( ML ) to help operators proactively solve network issues . Our solutions continue to receive positive feedback from our install base and potential customers , and we already have several ongoing opportunities for our latest innovations . " We remain focused on our strategic objectives . We are already engaged in multiple opportunities at different sales cycle stages , with several engagements reaching an advanced stage . As the market continues to ramp up , we expect the demand for 5G assurance solutions to increase and believe our market - leading assurance offerings are well - aligned with operators ' needs and will drive growth . " Third Quarter 2021 Financial Highlights : • Total revenues for the third quarter were $ 10.2 million , compared to $ 9.8 million in the third quarter of 2020 • GAAP gross margin for the third quarter of 2021 was 69 % compared to 76 % in the third quarter of