SuperCom Reports Financial Results for the First Quarter of 2019 With $1.7 Million in EBITDA, 29% EBITDA Margin, and Non-GAAP EPS $0.06

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Go back to SuperCom Reports Financial Results for the First Quarter of 2019 With $1.7 Million in EBITDA, 29% EBITDA Margin, and Non-GAAP EPS $0.06

SuperCom (SPCB) Reports Q1 EPS of $0.06, Revenues Miss

June 10, 2019 8:38 AM EDT

SuperCom (NASDAQ: SPCB) reported Q1 EPS of $0.06, versus $0.07 reported last year. Revenue for the quarter came in at $5.67 million versus the consensus estimate of $6 million.

EBITDA increased by 41% to $1.7 million compared to $1.2 million.EBITDA Margin increased to 29% compared to 17%.Operating Income increased to a profit of $130 thousand from an operating loss of ($550 thousand).Non-GAAP Gross Margin remains at roughly 58%.Non-GAAP operating expenses improved by 39% to $2 million from $3.3 million.Non-GAAP operating Income increased to $1.3 million from $0.9 million.Non-GAAP Net Profit decreased to $.9 million or $0.06 per share from $1... More