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Radcom reports narrowed Q2 loss.
(From Israel Business Arena)
Byline: Globes correspondent
Radcom (Nasdaq:RDCM) today announced unaudited financial results for the second quarter and six months ended June 30, 2004.
Net loss for the second quarter of 2004 was $675,000, compared to a net loss of $1.68 million for the second quarter of 2003.
Revenue for the second quarter of 2004 were $3.3 million an increase of 36% compared to $2.4 million in the second quarter of 2003.
The company's weighted average number of ordinary shares increased to 14,395,338 in the second quarter of 2004 compared to 10,492,050 in the second quarter of 2003.
Net loss for the first …
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