PR Newswire
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) ("Min Bid Price Rule"), and this matter is now closed.
On September 13, 2023, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.
TEL AVIV, Israel, Sept. 3, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that it has secured additional new orders valued at $2.6 million from European Governments. The orders are expected to be fulfilled within the next three months.
"We are delighted to continue strengthening our collaboration with European governments," stated Ordan Trabelsi, President & CEO of SuperCom. "These repeat orders underscore our customers' confidence in SuperCom's cutting-edge technology and our unwavering commitment to improving public safety. It is also a testament to our team's dedication to delivering high-quality, reliable solutions."
TEL AVIV, Israel, Aug. 22, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has successfully secured new electronic monitoring contracts with multiple Sheriff agencies across West Virginia. These contracts leverage SuperCom's innovative PureOne suite, enhanced with both cellular and WiFi communication capabilities, to provide robust monitoring solutions in rural areas with limited cellular coverage. These newly initiated contracts are already generating recurring revenue, further solidifying SuperCom's footprint in the U.S. market, particularly in rural regions where robust and reliable monitoring solutions are crucial.
Revenue of $7.5 million; Record Net Income of $2.2 million; Positive Operating Cash Flow of $2 million
TEL AVIV, Israel, Aug. 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 June 30, 2024.
Second Quarter Ended June 30, 2024, Financial Highlights (Compared to the Second Quarter of 2023)
Revenue was $7.5 million compared to $7.7 million.Gross Profit surged by 65.2% to $3.7 million from $2.3 million.Gross Profit margin expanded by 20.4% percentage points to 49.6% from 29.2%.Net Income improved by $3.3 million to $2.2 million from Net Loss of ($1.1) million.Net Income margin surged to 29% from (13.6%).Cash Flows from Operating Activities increased by $5.3 million to positive $2 million from negative ($3.3 million).EPS improved by $0.27 to $0.06 from Negative EPS of ($0.21).Non-GAAP Net Income surged 874% to $3.3 million from $0.33 million.Non-GAAP EPS improved to $0.09 from $0.07.EBITDA increased by 83% to $1.6 million from $0.9 million.Die hier zur Verfügung gestellten Informationen unterliegen keiner redaktionellen Bearbeitung. Die Aufbereitung erfolgt vollautomatisch und wird durch Zusatzinformationen und weiterführende Recherchemöglichkeiten angereichert. Ziel der Inhalte ist die schnelle und unkomplizierte Versorgung der Informationssuchenden mit den für sie relevanten Informationen. Durch eine Rückverlinkung auf den Informationsanbieter und -eigentümer ist sichergestellt, dass die hier aufbereiteten Daten bei Bedarf mit den Quellinformationen abgeglichen werden können. Das Newsboard zeigt keine Informationen in Echtzeit. Diese bitten wir bei Bedarf beim Börsenbetreiber abzurufen. Es besteht kein Anspruch auf Vollständigkeit. Hochverfügbarkeit kann nicht gewährleistet werden. Sollten Sie Fehler in der Funktionsweise bemerken, teilen Sie uns diese über das weiter unten befindliche Formular "Report a Bug" mit.
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