Overview
* SuperCom ( SPCB ) Q3 revenue beats analyst expectations, despite a year-over-year decline
* Company secured over 30 new EM contracts in the U.S. since mid-2024
Outlook
* SuperCom ( SPCB ) did not provide specific financial guidance for future quarters or the full year
Result Drivers
* GROSS MARGIN EXPANSION - Co achieved higher gross margins, expanding to 60.8% from 45.6%, contributing to improved profitability
* NEW CONTRACTS - SuperCom ( SPCB ) secured over 30 new electronic monitoring contracts in the U.S., boosting market presence and revenue
* DISPLACING INCUMBENTS - Co's ability to replace legacy vendors in new markets, including Germany, contributed to growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $6.22 $5.76
Revenue mln mln (2
Analysts
)
Q3 Beat $0.39 -$0.12
Adjusted (2
EPS Analysts
)
Q3 Net $691,000
Income
Q3 EBIT $639,000
Q3 $2.20
EBITDA mln
Q3 Gross $3.78
Profit mln
Q3 $3.14
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the software peer group is "buy"
* Wall Street's median 12-month price target for Supercom Ltd ( SPCB ) is $15.00, about 33% above its November 12 closing price of $10.05
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)