Revenue Update on Supercom Ltd(NASDAQ:SPCB)

Supercom Ltd(NASDAQ:SPCB) announced the earnings results for Fiscal Year 2015 and Q4. The results came in during Pre-market on Apr 11, 2016. Company reported revenue of $8.34M. Analysts estimated a revenue of $9.03M. Earnings per share were $0.06. Analysts had estimated an EPS of $0.15.

Supercom Ltd (SPCB) made into the market gainers list on Fridays trading session with the shares advancing 2.37% or 0.1 points. Due to strong positive momentum, the stock ended at $4.32, which is also near the day’s high of $4.33. The stock began the session at $4.21 and the volume stood at 16,326 shares. The 52-week high of the shares is $14.44 and the 52 week low is $3.06. The company has a current market capitalization of $70 M and it has 1,62,66,052 shares in outstanding.

SuperCom Ltd. (SuperCom) is a global provider of traditional and digital identity solutions providing safety identification tracking and security products to governments and private and public organizations. The Company offers solutions for traditional and biometrics enrollment personalization issuance and border control services. The Company offers secure mobile payments ranging from mobile wallet to mobile point of sale (POS) using a set of components and platforms to enable secure mobile payments and financial services. The Company also provides radio-frequency identification (RFID) and mobile PureSecurity solutions suite accompanied by services for a range of industries including healthcare and homecare security and safety community public safety law enforcement electronic monitoring livestock monitoring and building and access automation. The Company’s Machine to Machine (M2M) solutions identify track and monitor people or objects in real time.

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