Business
SuperCom Reports Record Net Income of $4.2 Million and EPS of $1.2 for First Quarter 2025
SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the first quarter, ended March 31, 2025.
About this update from Supercom, Ltd.
[{"type":"text","content":"Non-GAAP Net Income $5.24 million; Non-GAAP EPS $1.5; Record Gross Margin 63.3%","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"TEL AVIV, Israel, May 14, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the first quarter, ended March 31, 2025.","length":237,"tagName":"p"},{"type":"image","alt":"SuperCom_Logo","displaySize":"","headline":null,"caption":"SuperCom_Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":283,"url":"https://media.zenfs.com/en/prnewswire.com/cfc227459876a6cf1071b428da86384f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Mgsxy_NluziJnO1mmqfRsw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ5OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/cfc227459876a6cf1071b428da86384f","width":400,"height":283}}},{"type":"text","content":"First Quarter Ended March 31, 2025, Financial Highlights (Compared to the First Quarter of 2024)","length":96,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased to $7.05 million, from $6.85 million.","length":55,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit grew 18% to $4.5 million, from $3.8 million.","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin improved to 63.3%, a 10-year record, from 55.3%.","length":61,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income increased to $4.2 million, from $0.8 million.","length":56,"tagName":"p"}]},{"val":[{"type":"text","content":"Non-GAAP net income increased to $5.24 million, from $1.35 million.","length":67,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash and cash equivalents increased to $17.1 million, up from $3.2 million at end of 2024.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Working capital improved to $38.9 million, up from $22.5 million at end of 2024.","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Book Value of Equity increased to $34.8 million, up from $11.7 million at end of 2024.","length":86,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":552,"olType":false},{"type":"text","content":"Recent Business Highlights: ","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sinc...