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0 0.0157599874338971 0.0157599874338971 0.0209958636577831 0.00911042462956168 0.0158123461961359 0.0158123461961359 0.0261793811194304
Stock impact report

SuperCom slides 11.2% despite improved Q1 results [Seeking Alpha]

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: Seeking Alpha
SuperCom ( SPCB ) reports Q1  revenue decrease of 15.8% Y/Y to $7M. Adj. gross margin   to 58.3%. Adj. core operating expenses decreased 22% Y/Y to $3.5M EBITDA improved to $1.2M compared to $(0.6)M Y/Y. Working capital was $10.6M (+11% Y/Y). The company signed a new contract worth ~$4M in value with an existing national government customer in Africa. The majority of the new contracts are expected to be recognized over the next 2 years and will grow SuperCom's steady-state recurring revenues. Previously: SuperCom reports Q1 results (July 16) See all stocks on the move » Now read: Healthcare - Top 5 Gainers / Losers as of 11:00 AM (07/16/2018) » Subscribe for full text news in your inbox Show less Read more
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