SuperCom Reports Record Profit and 400% YoY EBITDA Growth for the First Quarter 2024 [Yahoo! Finance]
SuperCom, Ltd. - Ordinary Shares (SPCB)
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am
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Source: Yahoo! Finance
TEL AVIV, Israel May 15, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the three months ended March 31 First Quarter Ended March 31 , Financial Highlights (Compared to the First Quarter of 2023) Revenue increased by 8% to $6.9 million from $6.4 million Gross Profit increased by 139% to $3.8 million from $1.6 million Gross Profit margin increased by 123% to 55% from 25%. Operating Income improved by $1.8 million to $0.7 million compared to an Operating Loss of ($1.1) million Operating Margin improved by 27.2 percentage points to 10.5% from negative margin of (16.7%). Net Income improved by $2.3 million to $0.8 million compared to Net Loss of ($1.5) million EPS improved by to positive compared to Negative EPS of Non-GAAP Net Income improved by $1.6 million to $1.35 million compared to Net Loss of ($0.25) million Non-GAAP EPS improved by to positive
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News
- SuperCom to Present at LD Micro Invitational XIIIPR Newswire
- SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service AgencyPR Newswire
- SuperCom wins new national domestic violence electronic monitoring contract [Seeking Alpha]Seeking Alpha
- SuperCom Wins New National Domestic Violence Electronic Monitoring Contract in European CountryPR Newswire
- SuperCom secures first new contract in New York state, expanding footprint in U.S. [Seeking Alpha]Seeking Alpha
SPCB
Sec Filings
- 9/16/24 - Form EFFECT
- 9/11/24 - Form POS
- 9/3/24 - Form 6-K
- SPCB's page on the SEC website