SuperCom Reports 51% Annual Revenue Growth, Non-GAAP EPS of $0.47 and 5-Year-Record EBITDA of $4.8 million for Full Year 2023
SuperCom, Ltd. - Ordinary Shares (SPCB)
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am
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Source: PR Newswire
FY 2023: 5-year-record Revenues $26.6 million; EBITDA Growth of 2350%Q4 2023: Revenues $5.7 million; EBITDA $1.1 million; Non-GAAP EPS of $0.15TEL AVIV, Israel , April 22, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2023.Financial Highlights for Twelve-Months Ended December 31, 2023 (Compared to the Prior Year Period)Annual Revenue increased by 51% to $26.6 million from $17.6 million, marking a third consecutive year of revenue growthRevenue from European countries increased by 85% to $17.7 million from $9.6 millionIoT Segment Revenue increased by 52% to $23.8 million from $15.6 millionGross profit increased by 60% to $10.2 million from $6.4 millionNet Loss in 2023 improved to a ($4.0) million loss from a ($7.5) million Net LossNon-GAAP Net Profit in 2023 improved to a $3.2 million profit compared to a ($2.3)
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News
- SuperCom Ltd. (NASDAQ: SPCB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- SuperCom receives over $5M in new orders from European governments [Seeking Alpha]Seeking Alpha
- SuperCom Receives over $5.0 Million in new Orders from European Governments [Yahoo! Finance]Yahoo! Finance
- SuperCom Receives over $5.0 Million in new Orders from European GovernmentsPR Newswire
- SuperCom Reports 51% Annual Revenue Growth, Non-GAAP EPS of $0.47 and 5-Year-Record EBITDA of $4.8 million for Full Year 2023 [Yahoo! Finance]Yahoo! Finance
SPCB
Sec Filings
- 4/29/24 - Form 6-K
- 4/22/24 - Form 20-F
- 4/19/24 - Form 424B5
- SPCB's page on the SEC website