SuperCom (SPCB) has released an update.
SuperCom has announced a remarkable 183% quarter-over-quarter net income growth, reaching $2.2 million with an EPS of $0.06 for Q2 2024. Amidst these financial gains, the company also reported a strong gross profit margin of nearly 50% and positive operating cash flow. These results, combined with over $11 million in new European government orders and strategic North American contract wins, highlight SuperCom’s expanding presence in the public safety sector and ongoing market success.
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