SuperCom Reports Significant Improvements in Gross Profit, Earnings, and EPS With $1.4 Million in EBITDA for Q2 2018

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Go back to SuperCom Reports Significant Improvements in Gross Profit, Earnings, and EPS With $1.4 Million in EBITDA for Q2 2018

SuperCom (SPCB) Tops Q2 EPS by 6c, Miss on Revenues

August 13, 2018 8:03 AM EDT

SuperCom (NASDAQ: SPCB) reported Q2 EPS of $0.07, $0.06 better than the analyst estimate of $0.01. Revenue for the quarter came in at $6.8 million versus the consensus estimate of $8 million.

Revenue decreased to $6.8 million from $7.5 million.Gross Profit increased 30% to $3.83 million from $3.4 million.Non-GAAP Gross Margin increased to 59.2% from 48.6%.Non-GAAP core operating expenses decreased 33% to $3.3 million from $5.4 million.EBITDA improved to $1.4 million compared to $1.0... More