SuperCom (SPCB) Tops Q2 EPS by 6c, Miss on Revenues
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SuperCom Reports Significant Improvements in Gross Profit, Earnings, and EPS With $1.4 Million in EBITDA for Q2 2018
August 13, 2018 8:00 AM EDTHERZLIYA, Israel, Aug. 13, 2018 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, reported results for the second quarter of 2018.Â
Second Quarter 2018 Financial Highlights (Compared to the Second Quarter of 2017)Â Â Â Â Â
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... More