SuperCom (NASDAQ: SPCB) Reports Record Profit, 400% YoY EBITDA Growth in Q1 2024

May 23, 2024 09:13:46
  • SuperCom Ltd. is dedicated to serving government security needs for electronic tracking and monitoring of offenders
  • The company recently reported its quarterly financial results, noting significant growth in revenues, profits, EBITDA, and operating income
  • While SuperCom has focused on acquiring clients in California and other U.S. states, the company also has an international presence, European clients comprising significant part of its business

SuperCom (NASDAQ: SPCB) is widening its competitive edge in the electronic monitoring sector, resulting in revenue growth and a record profit for the company, reflected in the company’s recently released Q1 financial report (https://ibn.fm/rHLua).

“The substantial growth in our gross profit reflects the inherent quality and high-margin potential of our key projects and our successful progression through different stages of these projects,” SuperCom President and CEO Ordan Trabelsi stated in a news release announcing the company’s…

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NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

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