SuperCom's (SPCB) Prelim. Q3 Revenue Falls Short of Consensus

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Go back to SuperCom's (SPCB) Prelim. Q3 Revenue Falls Short of Consensus

SuperCom Reports New Contract Awards of Approximately $8 Million

November 30, 2015 6:00 AM EST

HERZLIYA, Israel, November 30, 2015 /PRNewswire/ --

SuperCom Ltd. (NASDAQ: SPCB), a leading provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors, today announced that it has been awarded new contracts, totaling approximately $8 million. The Company expects to deliver and recognize the full value of the orders during the first half of 2016.

"I am very pleased with these new contracts as they continue to demonstrate the inherent value within our customer base and our ability to build long-term... More

SuperCom Announces Preliminary Third Quarter Revenue and Updates Full Year 2015 Forecast

November 30, 2015 5:00 AM EST

HERZLIYA, Israel, November 30, 2015 /PRNewswire/ --

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors, provided preliminary revenue for the third quarter ended September 30, 2015, and updated guidance for the full year of 2015.  

Based on preliminary estimates, revenue for the quarter ended September 30, 2015 is anticipated to be in a range of $5.5 million to $6.1 million. Cash and cash-equivalents were approximately $35 million as of September 30, 2015. The Company is working to complete its third quarter financial, and will report... More