SuperCom (SPCB) to Release Earnings on Monday

SuperCom (NASDAQ:SPCB) will release its earnings data before the market opens on Monday, August 13th. Analysts expect SuperCom to post earnings of $0.01 per share for the quarter.

SuperCom (NASDAQ:SPCB) last released its earnings results on Monday, July 16th. The industrial products company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. SuperCom had a negative net margin of 15.60% and a positive return on equity of 1.08%. The firm had revenue of $7.01 million during the quarter. On average, analysts expect SuperCom to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SPCB stock opened at $1.92 on Friday. SuperCom has a 1-year low of $1.53 and a 1-year high of $4.95. The firm has a market cap of $26.18 million, a price-to-earnings ratio of -13.71 and a beta of -0.32.

Several research firms have weighed in on SPCB. Zacks Investment Research upgraded shares of SuperCom from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Friday, July 20th. HC Wainwright set a $5.00 target price on shares of SuperCom and gave the company a “buy” rating in a research note on Tuesday, July 17th. Finally, ValuEngine lowered shares of SuperCom from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.

About SuperCom

SuperCom Ltd. provides identity, machine-to-machine, cyber security device, payment, and connectivity 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.

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Earnings History for SuperCom (NASDAQ:SPCB)

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