Latest news with #SuperCom
Yahoo
6 days ago
- Business
- Yahoo
SuperCom Awarded North Carolina Sheriff's Association Technology Procurement Contract
Competitive statewide RFP win provides a platform for efficient expansion within the state TEL AVIV, Israel, June 4, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has been awarded a statewide technology procurement contract by the North Carolina Sheriff's Association, emerging as the only new electronic monitoring technology provider selected through this competitive RFP. This contract serves as a procurement vehicle to allow all counties in North Carolina to contract directly with SuperCom on preset terms, most of the time without an additional RFP process. This strategic win is another testament to the Company's rapid expansion across the North American public safety market. The North Carolina Sheriff's Association runs these competitive processes to identify high-quality providers and facilitate efficient purchasing for law enforcement and public safety agencies both within North Carolina and across the United States. SuperCom met stringent requirements, including an assessment of financial stability and direct positive feedback in regards to quality and satisfaction from five active U.S. SuperCom customers. Multiple solutions from SuperCom's Pure Security suite were approved for procurement under the contract, including PureOne – SuperCom's one-piece GPS solution; PureTrack – its two-piece GPS solution with smartphone; and PureShield – its Domestic Violence solution. The Company plans to attend a large conference this summer of the North Carolina Sheriff's Association, where it will present its technology to many counties across the state. Counties that will procure SuperCom's solutions through this contract will follow a recurring revenue model, billed monthly by daily unit count. "We are pleased with this new milestone as part of our expansion across the U.S. Winning in this competitive RFP, governed by an esteemed state-level association, signals clear progress in our business plan as we expand our presence as a valuable provider of electronic monitoring technology. Beyond the quality of our technology and services, we were happy to see that formal analysis of our financial stability and direct references from our active U.S. customers led the North Carolina Sheriff's Association to award us this contract," commented Ordan Trabelsi, President and CEO of SuperCom. "We are continuously exploring new avenues to accelerate our U.S. expansion, and this award opens the door to a potentially impactful one," Trabelsi added. "Procurement vehicles like this—whether statewide, regional, or national—enable faster sales cycles and broader access to counties across the U.S. Given that state-level organizations often share similar requirements, this strengthens our confidence in our expansion trajectory across the U.S." About SuperCom Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2025, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, after the date of this press release. SuperCom Investor Relations:ir@ Logo - View original content: SOURCE SuperCom
Yahoo
19-05-2025
- Business
- Yahoo
SuperCom First Quarter 2025 Earnings: Beats Expectations
Revenue: US$7.05m (up 2.9% from 1Q 2024). Net income: US$4.23m (up 446% from 1Q 2024). Profit margin: 60% (up from 11% in 1Q 2024). The increase in margin was primarily driven by lower expenses. EPS: US$1.20 (up from US$0.80 in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are up 10% from a week ago. Don't forget that there may still be risks. For instance, we've identified 4 warning signs for SuperCom (2 make us uncomfortable) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
12-05-2025
- Business
- Yahoo
SuperCom to Present at Sidoti Virtual Investor Conference
TEL AVIV, Israel, May 12, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that President and CEO Ordan Trabelsi will present a corporate overview and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference, taking place on May 21-22, 2025. The presentation will begin at 10:45 AM ET on May 21 and can be accessed live here. SuperCom will also host virtual one-on-ones with investors on Wednesday and Thursday, May 21 and 22, 2025. Investors who would like to register for the presentation or one-on-ones, please register at the following link Registration is free, and you don't need to be a Sidoti client. The presentation will also be posted on SuperCom's website About SuperCom Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website, SuperCom Investor Relations: ir@ Logo - View original content: SOURCE SuperCom Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
SuperCom Signs New Contract with Canadian Electronic Monitoring Service Provider, Advancing North American Expansion
Experienced partner to launch rollout of up to hundreds of GPS monitoring units from SuperCom's PureSecurity Suite TEL AVIV, Israel, May 8, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has signed a new contract with a seasoned electronic monitoring service provider based in Canada. This agreement marks another milestone in SuperCom's North American expansion and reinforces its growing global presence in the electronic monitoring (EM) market. With over 25 years of experience in the EM industry, the Canadian service provider manages GPS monitoring programs across a wide network of justice and public safety clients. Under this new partnership, SuperCom's PureSecurity™ Suite will be gradually introduced into the provider's operations, with the potential to replace hundreds of GPS units currently in use with SuperCom's advanced GPS tracking technologies, including PureTrack™ and PureOne™. "This collaboration represents an exciting step in our North American growth strategy," commented Ordan Trabelsi, President and CEO of SuperCom. "We are proud to partner with a highly experienced Canadian provider that is deeply integrated into the local electronic monitoring ecosystem. Their interest in our technology reflects the increasing demand for SuperCom's modern, scalable, results-driven solutions." "Since mid-2024, we've secured over 20 new electronic monitoring contracts in the U.S. and expanded into 8 new states, including Arizona, Kentucky, and Utah. This Canadian partnership marks our fourth regional service provider collaboration in the past year—joining other regional service provider collaborations spanning from the West Coast to the East Coast USA," Trabelsi added. "Earlier this year, alongside our U.S. performance, we've also expanded internationally, with recent government wins across Europe and the EMEA region, including winning our seventh national domestic violence project. These milestones underscore the global demand for our technology and our ability to deliver effective public safety solutions across borders." About SuperCom Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2025, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. SuperCom Investor Relations: ir@ Logo - View original content: SOURCE SuperCom Sign in to access your portfolio
Yahoo
06-05-2025
- Business
- Yahoo
SuperCom to Report First Quarter 2025 Financial Results on May 14, 2025
TEL AVIV, Israel, May 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Wednesday, May 14, 2025, at 10:00 a.m. Eastern time (7:00 a.m. Pacific Time / 5:00 p.m. IL time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. SuperCom Logo SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Wednesday, May 14, 2025 Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) U.S. toll-free: 877-545-0523 Israel toll-free: 1-809-423-853 International: 973-528-0016 Access Code: SuperCom Link: Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. About SuperCom
