Is eps estimates have gone down .02 ..Just a little more spend that's all ..revs should be up slightly ... qtr/qtr.. butr that's enough bad news for the shorts to hang tight..so be it
SuperCom (SPCB), a leading provider of Electronic Intelligence Solutions for e-Government, Public Safety and Mobile Payments announced today its intent to acquire Prevision Ltd. (Prevision) as part of its strategy to offer complimentary security products and solutions to its growing customer base.
Thanks for all the help
Will we see a earnings date announcement with CC before results are released ( a week or so )... looks like sometimes in the past but not always.. Did see a big contract announced same time as earnings last year .. Thanks
Guidance for 2015 ,should of clearly said some of 4th qtr revenue will be pushed into 2015 (no confusion).. Management didn't handle this well
Here's what Ordan Trebelsi says about that:
"Ordan: We can't guarantee what will happen and we'll save any formal guidance for our earnings calls, but here's why we think that this is just the beginning. First of all, we've announced a few new governments that we won. Every time we start with a new government, we win a few modules initially. But governments many times need much more than just an ID system, for example. They'll need a passport system, then a voting system, and then a payment system.
These are complex systems that require significant time to train the workforce and to integrate into the government's infrastructure. Once we have deployed our system and have the training and integration behind us, when countries want additional modules and capabilities, it's quite simple to layer them on to our exact same platform, the Magna Platform, which is one of our key competitive advantages.
So, at least historically and I believe going forward, it's very natural for us, once we are in with a new government, to add more and more modules, which will lead to more revenues and, in turn, more recurring revenues. We work very hard to get the first sale but after that we have a huge advantage on incremental systems and features.
Even with some regulation changes this thing is way undervalued.. The January metric gains were really great especially compared to FXCM
We have outlined direct expenses related to these new businesses over the past two years to isolate their impact on the total expense base and highlight our ability to achieve the GFT synergies as well as to presents some information on the expenses related to these new businesses added to GAIN over the past three years. During the quarter, we’ve performed additional cost reductions above and beyond the GFT synergies aimed at lowering our fixed expense base, in the event trading conditions of our retail OTC business fall below the low end of our revenue per million range of $80. These actions included reduction in force that will reduce the compensation of benefits lined by at least $4 million annually which will partially benefit fourth quarter results. In addition, we’ve made other changes that will reduced trading expense communications tech as well as G&A that will result in additional reduction of expenses of $4 plus million annually.
A significant portion of these savings will flow into the fourth quarter results to, more fully in the first quarter 2015.