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Stock impact report

SuperCom Reports Significant Improvements in Gross Profit, Earnings, and EPS With $1.4 Million in EBITDA for Q2 2018

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
Company Research Source: PR Newswire
HERZLIYA, Israel, Aug. 13, 2018 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, reported results for the second quarter of 2018.  Second Quarter 2018 Financial Highlights (Compared to the Second Quarter of 2017)     Revenue decreased to $6.8 million from $7.5 million. Gross Profit increased 30% to $3.83 million from $3.4 million. Non-GAAP Gross Margin increased to 59.2% from 48.6%. Non-GAAP core operating expenses decreased 33% to $3.3 million from $5.4 million. EBITDA improved to $1.4 million compared to $1.0 million. Non-GAAP Net Profit improved to $1.1 million or $0.07 per share from $0.46 million or $0.03 per share. Working Capital increased to $11.3 million from $7.6 million. Current Ratio increased to 1.62 from 1.5First Half 2018 Financial Highlights (Compared to the First Half of 2017)Revenue decreased to $13.8 million from $15.8 million. Gross Profit increased 19% to $7.7 milli Show less Read more
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