SuperCom Announces Preliminary First Quarter 2019 Selected Financial Results
SuperCom, Ltd. - Ordinary Shares (SPCB)
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am
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Source: PR Newswire
TEL AVIV, Israel, May 16, 2019 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors today provided an update around the FY 2018 audit and preliminary selected financial results for the first quarter ended March 31, 2019. The 2018 financial audit is in its advanced stages. This audit, while not yet complete, has potential to impact certain elements of the FY 2018 financial results, hence management has decided to wait until the audit is complete before announcing FY 2018 results. Upon completion of the audit, SuperCom will also file its Annual Report on Form 20-F for FY 2018 and set up an investor conference call to discuss the results.Meanwhile, the company can share preliminary information on unaudited first quarter 2019 financials. Based on preliminary estimates, the following results are expected: Revenue in the range of $5.0 million to $5.8 million Gross Profit margin in the range of 51%
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