SuperCom (SPCB) Reports Q3 EPS of $0.09, Revenues Miss
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SuperCom Reports Financial Results for the Third Quarter of 2018 With $1.8 Million in EBITDA, 30% EBITDA Margin, and Non-GAAP EPS $0.09
November 14, 2018 8:58 AM ESTHERZLIYA, Israel, Nov, 14, 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 third quarter of 2018.
Nine Months Ended September 30, 2018 Financial Highlights (Compared to the Prior Year Period)
Revenue decreased to $19.9 million from $25.5 million. Gross Profit decreased $11.1 million from 11.6 million. Non-GAAP Gross Margin increased to 56% from 45.5%. Non-GAAP core operating expenses improved by 34% to $9.4 million from $14.3 million. EBITDA... More