SuperCom (NASDAQ: SPCB) reported Q3 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $9.6 million versus the consensus estimate of $9.4 million.

Financial Outlook

• SuperCom management reaffirmed its revenue guidance of at least $35 million for the full year ending December 31, 2017, representing an increase of 75% compared to 2016.

Third Quarter 2017 Financial Highlights (Compared to Third Quarter 2016)

• Revenue increased organically by 89% to a record revenue of $9.6 million from $5.1 million
• Gross profit increased by 201% to $5.1 million from $1.7 million
• Gross margin improved by 60%, to a margin of 53% compared to 33%
• EBITDA increased to $2.0 million from an EBITDA loss of $(2.2) million
• Non-GAAP net income increased to $1.6 million from a non-GAAP net loss of $(2.5) million
• Non-GAAP EPS of $0.11 compared to a negative non-GAAP EPS of $(0.17)

GUIDANCE:

SuperCom sees FY2017 revenue of $35 million, versus the consensus of $35 million.

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