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Stock impact report

SuperCom (SPCB) Q3 2024 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

SuperCom, Ltd. - Ordinary Shares (SPCB) 
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am Check Earnings Report
US:NASDAQ Investor Relations: supercom.com/investors
Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Year-to-date Revenue -- $21.3 million reported, up from $20.9 million for the same period prior year. Gross Profit (9 months) -- $10.7 million, representing a 35% increase, with a gross margin of 50.1% compared to 30.7% previously. Q3 Revenue -- $6.91 million, compared to $6.78 million in Q2 of last year. Q3 Gross Profit -- $3.2 million with a gross margin of 46%, down from $4.0 million and 59% gross margin in prior-year Q3; decline attributed to "project mix and timing." Net Income (9 months) -- $2.52 million, a reversal from a net loss of $2.4 million prior year. EBITDA (Q3) -- $1.1 million, down from $2.5 million in prior-year Q3, ascribed to timing and project composition. Free Cash Flow (Q3) -- Positive $1.2 million, contrasted with a negative figure for prior-year Q3. Operating Cash Flow (9 months) -- Positive, in contrast to a multi-year history of negative operating cash flow: negative $9.7 Show less Read more
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