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SuperCom Gets Housing, Youth Program Services Contract in North California; Shares Gain
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SuperCom Gets Housing, Youth Program Services Contract in North California; Shares Gain
May 23, 2024 8:13 AM

10:56 AM EDT, 05/23/2024 (MT Newswires) -- SuperCom ( SPCB ) Thursday said its Leaders in Community Alternatives subsidiary has received a new, two-year contract to provide housing and case management services for youth and those transitioning from housing in north California.

The program is expected to generate almost $500,000 in recurring revenue during each of the next two years beginning later this summer. The client also has indicated it plans to extend the program after the initial term of this contract concludes, the company said.

The deal marks the fourth contract win for Supercom ( SPCB ) in North America, it said.

SuperCom ( SPCB ) shares were up more than 3% in recent trading.

Price: 0.20, Change: +0.01, Percent Change: +3.16

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