You can SPIN the good numbers but the COST of earnings offset the good parts of the report.
I feel sure this PPS will drop. Forget the afterhours and the first hour of day trading tomorrow.
Right, now tell us again how SuperCom did a public offering 6 months ago and another one 6 months before that and how that means they will do another one right now. Still waiting for you to admit your error.
And also tell us how selling 75% of your shares at much lower prices has not had anything to do with your trying to put a negative spin on everything having to do with SPCB.
You never know what the immediate reaction will be to an earnings report, but the FACT is that they more than doubled revenues from a year ago, they more than doubled operating income from a year ago and more than doubled EBITDA from a year ago. AND according to the CEO almost all of this increase was from recurring revenues rather than the $29m in new contracts they just signed. If folks want to sell based upon these numbers, fine. I am more than happy to take those shares off their hands.
actually the numbers are disappointing as expected. Where are the synergies and cost savings touted by management. Earnings per share actually came in lower yoy, cash is running dangerously low and margins pretty much stayed the same despite revenues being up more than 150%. Management still pointing to the newly announced contracts kicking in starting from Q2 but I would highly doubt any management statement as the company has promised a lot and delivered absolutely nothing so far.
Wake up, pls...and pay attention. The synergies allowed them to maintain margins, and the improvement in revenues comes in part from the ability to bid side-by-side with SmartID on new business - which, btw, has already proven successful. It was explained on the previous call...
actually the numbers are disappointing as expected. Where are the synergies and cost savings touted by management. Earnings per share actually came in lower yoy, cash is running dangerously low and margins pretty much stayed the same despite revenues being up more than 150%
You got it but a lot of people don't want to hear it !
Without getting into the weeds, the net income per share for the last 3 mo. was only 0.10 vs 0.17 in 2013.
The report had some good things as far as long term but this quarter was not that great and we will take a hit tomorrow.
Partially agreed and pps may drop but you have look at the future as most of $29 million of contracts have not been deferred for future quarters and they might win as many in 2nd half. Also, if they can get $5mil from current clients that's a big deal. Future looks great !