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0.136880400181901 0.182355616189177 0.182355616189177 0.182355616189177 0.16643929058663 0.211914506593906 0.317871759890859 0.295588904047294
Stock impact report

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
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