SuperCom Ltd (SPCB) Q3 2024 Earnings Call Highlights: Strategic Wins and Revenue Surge Amid ... [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
SuperCom Ltd ( NASDAQ:SPCB ) reported a significant increase in revenue to $21.3 million for the first nine months of 2024, showcasing successful execution of strategic initiatives. The company achieved a dramatic improvement in gross profit margin to 50.1% from 30.7% in the prior year period. SuperCom Ltd ( NASDAQ:SPCB ) secured a prestigious contract for the National Israeli Electronic Monitoring Project, enhancing its leadership position. The company expanded its footprint in the US market by entering new regions such as New York, West Virginia, and Maryland. SuperCom Ltd ( NASDAQ:SPCB ) reported positive free cash flow of $1.2 million, a significant improvement from a negative number in the previous year. The company's quarterly gross profit margin decreased to 46% from 59% in the same quarter last year, primarily due to project mix and timing. SuperCom Ltd ( NASDAQ:SPCB ) faces macroeconomic uncertainties and ongoing global challenges, including those in Israel. Th
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News
- SuperCom Ltd. (NASDAQ: SPCB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- SuperCom Ltd. (NASDAQ: SPCB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- SuperCom Reports $1.6 EPS, $3.1 Non-GAAP EPS, and Positive Free Cash Flows for the First Nine Months of 2024 [Yahoo! Finance]Yahoo! Finance
- SuperCom Reports $1.6 EPS, $3.1 Non-GAAP EPS, and Positive Free Cash Flows for the First Nine Months of 2024PR Newswire
- SuperCom Q3 2024 Earnings Preview [Seeking Alpha]Seeking Alpha