SuperCom Reports Record Profit and 400% YoY EBITDA Growth for the First Quarter 2024
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
Revenue of $6.9 million; Net Income of $0.8 million; EBITDA of $2 millionTEL 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, 2024. First Quarter Ended March 31, 2024, 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 $0.36 to positive $0.04 compared to Negative EPS of ($0.32).Non-GAAP Net Income improved by $1.6 million to $1.35 mi
Show less
Read more
Impact Snapshot
Event Time:
SPCB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPCB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPCB alerts
High impacting SuperCom, Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SPCB
News
- SuperCom Ltd. (NASDAQ: SPCB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- SuperCom Receives Orders Valued Over $3 Million from European Governments to be Delivered in Q3 of 2024 [Yahoo! Finance]Yahoo! Finance
- SuperCom Receives Orders Valued Over $3 Million from European Governments to be Delivered in Q3 of 2024PR Newswire
- SuperCom Ltd. (NASDAQ: SPCB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- SuperCom Ltd. (NASDAQ: SPCB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
SPCB
Sec Filings
- 5/21/24 - Form 424B1
- 5/20/24 - Form EFFECT
- 5/6/24 - Form F-1
- SPCB's page on the SEC website