SuperCom Third Quarter 2023 Earnings: Beats Expectations
SuperCom (NASDAQ:SPCB) Third Quarter 2023 Results
Key Financial Results
Revenue: US$6.78m (up 8.2% from 3Q 2022).
Net income: US$146.0k (up from US$2.10m loss in 3Q 2022).
Profit margin: 2.2% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses.
EPS: US$0.02.
All figures shown in the chart above are for the trailing 12 month (TTM) period
SuperCom Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for SuperCom (3 can't be ignored!) that we have uncovered.
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