SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management. Its PureRF suite is a solution based on RFID tag technology to identify, locate, track, monitor, count, and protect people and objects. The company's PureRF suite comprises PureRF tags, hands-free long-range RFID asset and vehicle tags, PureRF readers, PureRF activators, and PureRF initializers. It also provides house arrest monitoring systems, PureTag RF bracelets, PureCom RF base stations, GPS offender tracking systems, PureTrack, PureBeacon, PureMonitor offender electronic monitoring software, inmate monitoring systems, DoorGuard tracking station, and personnel tags. In addition, the company offers domestic violence victim protection systems. Further, it provides connectivity products and solutions comprising AVIDITY WBSac, BOLSTER WBSn, BreezeULTRA P6000, Arena controller, and BreezeNET B. Additionally, the company offers Safend's Encryption Suite that protects the organization's sensitive data; and designs solutions for carrier Wi-Fi, enterprise connectivity, smart city, smart hospitality, connected campuses, and connected events. SuperCom Ltd. sells its systems and products through local representatives, subsidiaries, and distribution channels, as well as independent representatives and resellers. The company was formerly known as Vuance Ltd. and changed its name to SuperCom Ltd. in January 2013. SuperCom Ltd. was incorporated in 1988 and is headquartered in Tel Aviv-Yafo, Israel.
IPO Year:
Exchange: NASDAQ
Website: supercom.com
H.C. Wainwright upgraded SuperCom from Neutral to Buy
HC Wainwright & Co. upgraded SuperCom from Neutral to Buy and set a new price target of $2.00
Another nation to select SuperCom's proprietary domestic violence technology, demonstrating growing demand and continued market expansion TEL AVIV, Israel, Feb. 20, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has been awarded a new national Domestic Violence (DV) electronic monitoring project. The new project will utilize SuperCom's advanced PureTrack GPS and PureProtect technology to enhance public safety and victim protection. This marks SuperCom's seventh national DV program, reinforcing its position as a trusted provider of cutting-edge DV electronic monitoring solutions
The growth rate in unit count surpassed 200% by January 2025 and expected to surpass 400% by end of 2025 TEL AVIV, Israel, Feb. 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that Company has received new orders from a European government customer which locked in over 200% growth in PureTrack GPS units in the 12 month period ending January 2025 and is expected to surpass 400% growth by end of 2025. These orders are part of an expansion of a large ongoing Nationwide European electronic monitoring (EM) project that SuperCom has been implementing. While the project entails multiple off
TEL AVIV, Israel, Jan. 30, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has entered into securities purchase agreements with certain institutional investors to purchase 545,454 ordinary shares in a registered direct offering at a purchase price of $11.00 per ordinary share. The gross proceeds to SuperCom from the offering are estimated to be approximately $6.0 million before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or about January 31, 2025, subject to the satisfaction of customary closing conditions. Sup
TEL AVIV, Israel, Jan. 29, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has won a new multi-year national contract with the government of a Nordic European country. Under this contract, SuperCom will develop, deliver, and maintain a new national computerized system for enrolment, personalization, and issuance of secured Driving License ("DL") cards. The new system will leverage SuperCom's secured Magna™ e-Government platform, a proprietary and innovative digital identity solution designed for secure enrolment, personalization, and issuance of both traditional and biometric-
The shares issuance and other favorable terms agreed upon with SuperCom's senior lender increase the free cash flows to be used by the company to support its growth strategy TEL AVIV, Israel, Jan. 23, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today the issuance of 100,000 of its ordinary shares at a price of $43.74 per share, which reflects a significant premium to the last closing price, to pay down $4.374 million of SuperCom's outstanding debt. This issuance and debt paydown were part of an amendment that SuperCom executed with its senior lender, a large national investment management f
Established Service Provider with Presence in West Coast, Northeast, and Southeast U.S. Regions Chooses SuperCom above Competition TEL AVIV, Israel, Jan. 21, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it secured a new contract with a U.S. multi-state electronic monitoring service provider. This collaboration marks a valuable milestone in SuperCom's U.S. expansion strategy. In addition to SuperCom's direct expansion efforts, a wide-spread market player has chosen to introduce SuperCom's technology to multiple new states and potential programs, unlocking additional opportunitie
This Marks 20th New Contract and Sixth New State Entry in the U.S. Since Summer of 2024 TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new electronic monitoring (EM) contract with a Juvenile Probation Agency in Ohio. This contract marks SuperCom's first project with a government agency in Ohio and its entry into its sixth new U.S. state since the summer of 2024, highlighting SuperCom's expansion momentum in providing innovative public safety solutions nationwide. This contract also marks the 20th new EM contract in the U.S. since the summe
10 new contracts in the USA signed in just 60 days, reflecting record expansion speed TEL AVIV, Israel, Jan. 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new contract to provide its advanced GPS tracking and domestic violence (DV) monitoring solutions to a government agency in Alabama. This achievement marks SuperCom's 5th entry into a new US state since August 2024 and its 10th contract signed in the USA in just 60 days. These contracts, spanning Kentucky, South Dakota, and Alabama, reflect record expansion speed for the company and strong US market acceptan
SuperCom Continues Rapid US Market Expansion with New Direct Agency Contracts TEL AVIV, Israel, Jan. 2, 2025 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured two new contracts with key agencies in Kentucky. These contracts involve the deployment of SuperCom's advanced public safety technologies, designed to enhance monitoring capabilities and provide reliable solutions tailored to agency needs. SuperCom successfully displaced different incumbent competitors for each agency, securing these contracts through its innovative and trusted technologies. This achievement reflects
South Dakota Marks SuperCom's Fourth New State Entry Since August 2024, Highlighting Rapid U.S. Market Expansion TEL AVIV, Israel, Dec. 30, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured multiple electronic monitoring contracts with county Sheriff agencies across South Dakota. SuperCom has signed seven contracts in South Dakota, with more agreements expected as the company continues to expand its footprint in the region. These deployments will feature SuperCom's advanced PureOne technology, renowned for its real-time GPS tracking, robust communication capabilities, a
Cantaloupe, Inc. (NASDAQ:CTLP) ("Cantaloupe" or the "Company"), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced that Jeff Dumbrell has been appointed Chief Revenue Officer effective January 1, 2022. Dumbrell has over 20 years of experience building and scaling high-performing payments and technology organizations globally. From 2008 to 2013, Dumbrell served as EVP of Europe, Middle East, Africa and Asia Pacific at VeriFone Systems, Inc. where revenue grew during his tenure from approximately $350 million to over $900 million across 50+ countries. Prior to that role, Dumbrell led VeriFone's Nort
TEL AVIV, Israel, April 30, 2021 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for the twelve months ended December 31, 2020. Twelve-Months Ended December 31, 2020 Financial Highlights (Compared to the Prior Year Period) Cash and cash equivalents and restricted cash increased to $4.0 million from $1.2 million last year. Revenue decreased 29% to $11.8 million in 2020, from $16.5 million last year, mainly due to material impact from Covid-19 related government restrictions and limitations. Gross margin increased to 47.4% in 2020 from 38.5% last year. Operating expenses in 2020 decreas
TEL-AVIV, Israel, Jan. 5, 2021 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity sectors, announced today that Mr. Ordan Trabelsi will be appointed as SuperCom's new President and Chief Executive Officer effective as of February 21, 2021. At the same time, Mr. Arie Trabelsi, President and CEO of SuperCom since 2011, will stay on as a member of SuperCom's board of directors to support the transition of the new management team. Ordan Trabelsi currently leads SuperCom's business and operations in the Americas through his role as President and CEO of SuperCom Americas. He has been with the company since May 2013 as the s
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Q3 2024: Revenue $6.9 million; Free Cash Flows of $1.2 million; EBITDA $1.1 million TEL AVIV, Israel, Nov. 14, 2024 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported financial and operating results for the three and nine months ended September 30, 2024. First Nine Months Ended September 30, 2024, Financial Highlights (Compared to First Nine months of 2023) Revenue increased to $21.3 million from $20.9 million.Gross profit increased to $10.7 million from $7.9 million.Gross Profit margin increased to 50.1% from 37.7%.Operating Income improved to $1.13 million compared to Operating Loss of (
TEL AVIV, Israel, Nov. 11, 2024 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Thursday, November 14, 2024, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Thursday, November 14, 2024Time: 10 a.m. Eastern time (7 a.m. Pacific ti
TEL AVIV, Israel, Aug. 7, 2024 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Thursday, August 15, 2024, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Thursday, August 15, 2024 Time: 10 a.m. Eastern time (7 a.m. Pacific time) U.
TEL AVIV, Israel, May 8, 2024 /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 15, 2024, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Wednesday, May 15, 2024Time: 10 a.m. Eastern time (7 a.m. Pacific time)U.S. toll-fr
FY 2023: 5-year-record Revenues $26.6 million; EBITDA Growth of 2350%Q4 2023: Revenues $5.7 million; EBITDA $1.1 million; Non-GAAP EPS of $0.15 TEL AVIV, Israel , April 22, 2024 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2023. Financial Highlights for Twelve-Months Ended December 31, 2023 (Compared to the Prior Year Period) Annual Revenue increased by 51% to $26.6 million from $17.6 million, marking a third consecutive year of revenue growthRevenue from European countries increased by 85% to $17.7 million from $9.6 mill
TEL AVIV, Israel, April 18, 2024 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Monday, April 22, 2024, at 8:30 a.m. Eastern time (5:30 a.m. Pacific Time / 3:30 p.m. IL time) to discuss its financial results for the year ended December 31, 2023. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Monday, April 22, 2024 Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time) U
TEL AVIV, Israel, Nov. 13, 2023 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Tuesday, November 14, 2023, 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 third quarter ended September 30, 2023. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Tuesday, November 14, 2023Time: 10:00 a.m. Eastern time (7:00
Q2 2023: 5-Year-Record Revenue of $7.7 million, Non-GAAP EPS of $0.07, & EBITDA of $0.9 million; Trailing-Twelve-Month-Period: Revenue of $25.5 million & EBITDA of $2.5 million TEL AVIV, Israel, July 31, 2023 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported financial and operating results for the three and six months ended June 30, 2023. Second Quarter Ended June 30, 2023, Financial Highlights (Compared to the Second Quarter of 2022) Revenue increased by 141% to $7.7 million from $3.2 million, marking a fourth consecutive quarter of high year-over-year ("YoY") revenue growth.Gross profit incre
TEL AVIV, Israel , July 25, 2023 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Monday, July 31, 2023, at 8:30 a.m. Eastern time (5:30 a.m. Pacific Time / 3:30 p.m. IL Time) to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information:Date: Monday, July 31, 2023Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific Time)U.S. toll-free: 888-506-0062Israel toll-free: 1-809-4
TEL AVIV, Israel, May 9, 2023 /PRNewswire/ -- SuperCom (NASDAQ:SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Monday, May 15, 2023, at 10 a.m. Eastern time (7 a.m. Pacific Time / 5 p.m. IL time) to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period. Conference Call Dial-In Information: Date: Monday, May 15, 2023Time: 10 a.m. Eastern time (7 a.m. Pacific time)U.S. toll-fr
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