TuesdayJan 02, 2024 2:11 pm

QualityStocksNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Leveraging Momentum Based on ‘Successful Execution of Growth Strategy’

SuperCom Ltd. (NASDAQ: SPCB), a leading global provider of traditional and digital identity solutions, recently reported positive financial and operating results for the third quarter of the 2023 financial year (“Q3 2023”). “Revenue for Q3 2023 stood at $6.8 million, up from $6.3 million in Q3 2022. Gross profit saw an 89% year-over-year (‘YOY’) growth to $4.0 million from $2.1 million in 2022, while operating income improved by 200% to $0.8 million, up from a $0.8 million operating loss the previous year. For the nine months ending Sept. 30, 2023, SuperCom’s revenue grew by 67%, with gross profit seeing a…

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TuesdayJan 02, 2024 8:10 am

QualityStocksNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Footprint with Electronic Monitoring Contracts in South Dakota

SuperCom (NASDAQ: SPCB), a global leader in e-Government, IoT, and Cybersecurity solutions, has secured seven electronic monitoring contracts with county Sheriff agencies in South Dakota, marking its first entry into the state. These deployments will leverage the company’s cutting-edge PureOne technology, known for real-time GPS tracking and reliable performance in diverse environments. South Dakota is the fourth new state SuperCom has entered since August 2024, reflecting its rapid U.S. expansion. CEO Ordan Trabelsi highlighted the growing demand for advanced monitoring solutions and reiterated the company's commitment to supporting law enforcement and enhancing public safety nationwide. To view the full press…

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TuesdayDec 26, 2023 9:00 am

Global e-Security Solutions Provider SuperCom Ltd. (NASDAQ: SPCB) Growing with Shift in Focus to Electronic Monitoring to Increase Public Safety

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…

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FridayDec 15, 2023 9:00 am

SuperCom Ltd.’s (NASDAQ: SPCB) New Contract Reaffirms Company’s Commitment to Improving Public Safety and Extends U.S. Expansion

SuperCom recently secured a new contract to deploy its cutting-edge solutions as part of its broader plan to enhance public safety and support rehabilitation efforts in communities across Kentucky The contract reaffirms the company’s commitment to innovation and excellence in the field of electronic monitoring, according to Ordan Trabelsi, SuperCom’s CEO and President It also marks another valuable step in the company’s expansion within the U.S. The contract allows the company to bring its advanced technology to more communities and aid in the crucial work of domestic violence prevention and offender monitoring SuperCom (NASDAQ: SPCB), a leading global provider of…

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TuesdayDec 12, 2023 9:00 am

SuperCom Ltd. (NASDAQ: SPCB) – Strengthening the Global Public Safety Sector Through Proprietary Electronic Monitoring Technology

SuperCom, a leading provider of traditional and digital identity solutions, is offering advanced electronic monitoring solutions to address the growing cases of domestic violence worldwide Considering just the United States, domestic violence is now believed to affect 3 out of 10 women and 1 in 10 men With its PureProtect electronic monitoring technology, SuperCom is offering law enforcement near real-time information and many lines of communication, allowing for superior victim protection with the enforcement of court restrictions SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions, offering advanced safety, identification, and security products and solutions to…

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FridayDec 08, 2023 9:45 am

SuperCom Ltd. (NASDAQ: SPCB) Applauds Israel’s Passage of Electronic Monitoring Bracelet Law

Israel passed the Electronic Monitoring Bracelet Law in June 2023, allowing courts to monitor abusers through electronic monitoring (EM), a practice already employed in a growing number of other countries SuperCom's PureSecurity Electronic Monitoring Suite has been used in other countries to monitor domestic violence offenders, including use as part of Romania’s first electronic monitoring program The company is seen at the forefront when it comes to advances in EM technology for domestic violence applications In late June 2023, the Israeli government passed the Electronic Monitoring Bracelet Law, which National Security Minister Itamar Ben-Gvir proposed. The purpose of the law…

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WednesdayDec 06, 2023 2:14 pm

QualityStocksNewsBreaks – SuperCom Ltd.’s (NASDAQ: SPCB) Proprietary Solutions Gaining Traction Across the US

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured a new contract with a prominent Kentucky -based service provider of electronic monitoring (“EM”) products and services. The contract marks another valuable step in SuperCom’s expansion within the U.S. and progression in the deployment of its newest proprietary technologies: the new PureOne GPS bracelet and domestic violence (“DV”) monitoring solutions. “We are proud to see our new proprietary solutions gaining traction in new regions in the U.S., reaffirming our commitment to innovation and excellence in the field of…

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TuesdayNov 28, 2023 9:45 am

SuperCom Ltd. (NASDAQ: SPCB) Marks Exceptional Performance for Q3 2023; Eyes Further Potential Margin Expansion

SuperCom, a global leading provider of traditional and digital identity solutions, just reported a 550% growth in EBITDA and a 74% growth in gross profit margin for Q3 2023 Gross profit also saw an 89% YOY growth, and revenue YOY increased to $6.8 million from $6.3 million Ordan Trabelsi, SuperCom’s President and CEO, attributed impressive performance to the company’s successful execution of its growth strategy SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions offering advanced safety, identification, and security solutions to governments, just released its financial and operating results for the third quarter of the…

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MondayNov 20, 2023 11:15 am

SuperCom Ltd. (NASDAQ: SPCB) Announces Extended Collaboration with Romanian Government Following Third $3.4 Million Order

SuperCom, a global leading provider of traditional and digital identity solutions, just announced its latest order from the Romanian government to the tune of $3.4 million SuperCom will help Romania’s Ministry of Interior to bolster its EM project, based on its PureSecurity Suite, covering domestic violence monitoring, GPS tracking of offenders, as well as home detection monitoring Deliveries are set to be met by the end of Q4 2023, and SuperCom’s management is optimistic that the order will boost the company’s overall value proposition and lead to many more orders down the line SuperCom (NASDAQ: SPCB), a leading global provider…

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WednesdayNov 15, 2023 9:00 am

SuperCom Ltd. (NASDAQ: SPCB) Extends Support for California’s Criminal Justice System with New Alcohol Monitoring Contract, Valued at up to $3M Over Initial 3-year Term

SuperCom’s wholly owned subsidiary, Leaders in Community Alternatives, Inc. (“LCA”), recently won a new contract to supply alcohol monitoring technologies and services in California The contract is valued at up to $3 million over the initial 3-year term, based on anticipated usage estimates Since 2003, LCA has provided continuous transdermal alcohol monitoring (“CAM”) programs for thousands of California drivers found driving under the influence (“DUI”) The alcohol monitoring programs use tamper-proof tags worn around the ankle to measure the amount of alcohol in an offender’s body by taking a sample of their sweat every 30 minutes SuperCom’s reputation for providing…

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