SuperCom (NASDAQ: SPCB) Growing with Shift in Focus to Electronic Monitoring to Increase Public Safety

December 28, 2023 11:30:28
  • Digital security solutions innovator SuperCom Ltd. is building on decades of experience in identification technology now focusing on electronic monitoring services for the upward-trending public safety market
  • SuperCom’s third quarter financial statement released in November showed 67% revenue growth YOY and 550% growth in its EBITDA
  • The company is expanding its presence in the United States by entering new state markets, building on a history of services in California and other states
  • SuperCom is also growing in the European Union, with key contracts recently signed in Romania and Finland

Electronic-monitoring (“EM”) security solutions developer SuperCom (NASDAQ: SPCB), focused on revolutionizing public safety around the world through EM technology and complementary services, has seen revenues grow 67% year-over-year between 2022 and 2023, with 73% of its revenues sustained on a recurring basis (https://ibn.fm/JOZP5).

SuperCom’s success with more than 50 client governments is evidence of a growing resource for monitoring inmates and individuals under house arrest or other court-ordered rehabilitation programs — a growing market that the company’s management expects to reach $1.6 billion in…

Read More>>

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

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Los Angeles, CA
www.TechMediaWire.com
310.299.1717 Office
[email protected]

TechMediaWire is powered by IBN