Needham analyst Alex Henderson said Radcom's business update call, during which the company guided to FY18 revenue of $33M-$35M, leaves him thinking a recovery "could take a considerable amount of time." The analyst, who now thinks a down first half of calendar 2019 is likely, is estimating just a 10% growth rate for 2019 and revenues under $40M. He lowered his price target on Radcom shares to $12 from $20, citing a lack of visibility and "shaken confidence," but keeps a Buy rating on the stock as he continues to view Radcom as a major NFV disruptor due to the convergence of software-driven networking ahead of next-gen network roll-outs.