SuperCom (NASDAQ: SPCB) reported Q2 EPS of $0.02, $0.09 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $7.5 million versus the consensus estimate of $8.5 million.

Financial Outlook

Based on the current information available to the Company, management re-affirms its belief that revenue for the full year 2017 will surpass $35 million, approximately a 75% increase compared to 2016.

GUIDANCE:

SuperCom sees Q3 2017 revenue of $35 million, versus the consensus of $35 million.

Second Quarter 2017 Financial Highlights As Compared to Second Quarter 2016

• Revenue of $7.5 million compared to $5.0 million, an increase of 50%
• Gross Margin of 46% compared to 27%, an increase of 70%
• Non-GAAP Gross Margin of 49% compared to 30%
• EBITDA totaled $0.8 million compared to ($0.34 million)
• Non-GAAP Net Profit of $0.23 million compared to Net Loss of ($0.62 million)
• Non-GAAP EPS of $0.02 compared to ($0.04)
• R&D operating expenses of $2.0 million compared to $1.5 million

Six Months Ended July 30, 2017 Highlights As Compared to the Prior Year Period

• Revenue of $15.83 million compared to $10.88 million, an increase of 45.5%
• Gross Margin of 41 % compared to 20%, an increase of 102.5%
• Non-GAAP Gross Margin of 44% compared to 24%
• EBITDA loss totaled ($0.2 million) compared to ($1.3) million
• Non-GAAP Net Loss of ($0.88 million) compared to ($0.35 million)
• Non-GAAP EPS of $(0.06) compared to ($0.02)
• R&D operating expenses of $3.6 million compared to $2.7 million

For earnings history and earnings-related data on SuperCom (SPCB) click here.