SuperCom Reports First Quarter 2021 Financial Results
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SuperCom (SPCB) Reports Q1 Revenues Miss
May 27, 2021 8:03 AM EDTSuperCom (NASDAQ: SPCB) reported Q1 revenue for the quarter came in at $3.03 million versus the consensus estimate of $12.8 million.
Three-Months Ended March 31, 2021 Financial Highlights
Cash and cash equivalents and restricted cash at the end of Q1-21 increased to $9 million from $4m at end of 2020.Working Capital increased to $12.7 million at end of Q1-21 from $5.3 million at end of 2020.Revenue in Q1-2021 was $3.0 million.Gross margin in Q1-2021 increased to 55.3% from 47.5% in... More