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SuperCom to Report First Quarter 2024 Financial Results on May 15, 2024

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수요일, 5월 8, 2024

TEL AVIV, Israel, May 8, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Wednesday, May 15, 2024, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • TEL AVIV, Israel, May 8, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Wednesday, May 15, 2024, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the first quarter ended March 31, 2024.
  • Financial results will be issued in a press release prior to the call.
  • SuperCom management will host the conference call, followed by a question-and-answer period.

Electronic Offender Monitoring Solutions Report 2024: Smartphone Apps and Wrist-worn Devices Expand the Electronic Monitoring Market - Forecasts to 2028 - ResearchAndMarkets.com

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수요일, 4월 24, 2024

The report estimates that the number of daily users will grow to 94,000 in Europe, 680,000 in North America and 239,000 in Latin America by 2028.

Key Points: 
  • The report estimates that the number of daily users will grow to 94,000 in Europe, 680,000 in North America and 239,000 in Latin America by 2028.
  • The market value in 2023 reached US$ 226 million in Europe, US$ 1.3 billion in North America and US$ 76 million in Latin America.
  • What are the latest developments on the Electronic Offender Monitoring market?
  • Electronic monitoring (EM) programmes was first introduced in the US in the early 1980s.

SuperCom Receives over $5.0 Million in new Orders from European Governments

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목요일, 4월 25, 2024

TEL AVIV, Israel, April 25, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce the receipt of new orders by European governments. The orders are valued at over $5.0 million and are anticipated to be delivered in the next three months.

Key Points: 
  • TEL AVIV, Israel, April 25, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce the receipt of new orders by European governments.
  • The orders are valued at over $5.0 million and are anticipated to be delivered in the next three months.
  • "We are pleased to continue our collaboration with European government customers, further solidifying our dedication to enhancing public safety through our innovative products and solutions.
  • SuperCom remains steadfast in our pursuit of excellence, guaranteeing seamless project execution and nurturing enduring collaborations with governments across the globe," Ordan concluded.

SuperCom Reports 51% Annual Revenue Growth, Non-GAAP EPS of $0.47 and 5-Year-Record EBITDA of $4.8 million for Full Year 2023

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월요일, 4월 22, 2024

TEL AVIV, Israel , April 22, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2023.

Key Points: 
  • SuperCom received a third order of $3.4 million from Romania's Ministry of Interior, which was delivered in the fourth quarter of 2023.
  • SuperCom won and launched a $3 million contract to deliver Alcohol Monitoring technologies in California through its wholly-owned subsidiary, LCA.
  • "Our expansion efforts globally yielded remarkable results, with annual revenue growth of 51% to a 5-year-record $26.6 million in annual revenues.
  • We also achieved astonishing growth in EBITDA to a 5-year-record level of $4.8 million, reflecting operating leverage and cost optimizations.

SuperCom to Report Fourth Quarter and Full Year 2023 Financial Results on April 22, 2024

Retrieved on: 
목요일, 4월 18, 2024

Financial results will be issued in a press release prior to the call.

Key Points: 
  • Financial results will be issued in a press release prior to the call.
  • SuperCom management will host the conference call, followed by a question-and-answer period.
  • Please call the conference telephone number 5-10 minutes prior to the start time.
  • An operator will register your name and organization.

SuperCom Announces Pricing of $2.9 Million Registered Direct Offering

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목요일, 4월 18, 2024

Under the terms of the securities purchase agreement, SuperCom has agreed to sell 8,116,155 ordinary shares (or pre-funded warrants in lieu thereof).

Key Points: 
  • Under the terms of the securities purchase agreement, SuperCom has agreed to sell 8,116,155 ordinary shares (or pre-funded warrants in lieu thereof).
  • In a private placement, which will be consummated concurrently with the offering, SuperCom has also agreed to issue warrants to purchase up to an aggregate of 8,116,155 ordinary shares.
  • The offering will be made only by means of a prospectus supplement that forms a part of such registration statement.
  • A prospectus supplement relating to the ordinary shares (or pre-funded warrants in lieu thereof) will be filed by SuperCom with the SEC.

SuperCom Wins New Project in California Valued at Up to $2.0 million

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수요일, 3월 27, 2024

As part of this project, LCA will provide a comprehensive jail-based program focusing on re-entry services for adult inmates, designed to support individuals transitioning back into the community.

Key Points: 
  • As part of this project, LCA will provide a comprehensive jail-based program focusing on re-entry services for adult inmates, designed to support individuals transitioning back into the community.
  • The project embodies a comprehensive, evidence-based approach aimed at significantly reducing recidivism.
  • This intent to award will go through the customary county approval process and negotiations before contract execution and project launch.
  • "This award marks an exciting expansion to a new county for SuperCom and underscores our unwavering commitment to enhancing public safety in new territories.

SuperCom Announces New EM Contract in California

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목요일, 2월 8, 2024

OAKLAND, Calif., Feb. 8, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is excited to announce it has secured a new contract with an established California services provider in the judicial sector. This contract, already operational and generating revenue, is particularly notable for SuperCom's successful displacement of a long-time incumbent competitor, primarily due to its new innovative PureOne solution.

Key Points: 
  • This contract, already operational and generating revenue, is particularly notable for SuperCom's successful displacement of a long-time incumbent competitor, primarily due to its new innovative PureOne solution.
  • The contract terms, underpinned by a recurring lease model, reflect expansion and long-term growth potential.
  • "We are pleased to announce a second new contract in North America since the start of 2024, reflecting momentum and reputation in the industry.
  • By securing this contract and displacing an incumbent competitor, we further reinforce our position as a market leader.

SuperCom Wins New Project in Canada

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화요일, 1월 16, 2024

TEL AVIV, Israel, Jan. 16, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce a new project win with a renowned Canadian industry partner in the tracking solutions sector. This project marks another milestone in SuperCom's journey, building on the company's successful history of delivering top-tier services and technologies.

Key Points: 
  • This project marks another milestone in SuperCom's journey, building on the company's successful history of delivering top-tier services and technologies.
  • This new project represents a new chapter in SuperCom's long-standing collaboration with this partner, transitioning from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies.
  • This project not only strengthens our relationship with a valued partner but also highlights our commitment to innovation and adapting to market needs," commented Ordan Trabelsi, CEO and President of SuperCom.
  • This project exemplifies our dedication to delivering cutting-edge technology and reinforces our position as a leader in the electronic monitoring industry," Mr. Trabelsi concluded.

SuperCom Secures New USA Electronic Monitoring Contract for its PureOne and Domestic Violence Solutions

Retrieved on: 
수요일, 12월 6, 2023

OAKLAND, Calif., Dec. 6, 2023 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that it has secured a new contract with a prominent Kentucky-based service provider of electronic monitoring (EM) products and services. This contract marks another valuable step in SuperCom's expansion within the US, as well as progression in the deployment of its newest proprietary technologies: the new PureOne GPS bracelet and domestic violence (DV) monitoring solutions.

Key Points: 
  • This contract marks another valuable step in SuperCom's expansion within the US, as well as progression in the deployment of its newest proprietary technologies: the new PureOne GPS bracelet and domestic violence (DV) monitoring solutions.
  • Under this new contract, SuperCom will provide its cutting-edge PureOne GPS Tracking and PureProtect for DV Monitoring solutions.
  • "We are proud to see our new proprietary solutions gaining traction in new regions in the US, reaffirming our commitment to innovation and excellence in the field of electronic monitoring.
  • This new contract allows us to bring our advanced technology to more communities and aid in the crucial work of domestic violence prevention and offender monitoring.