SuperCom, Ltd. (SPCB) Issues Earnings Results, Beats Estimates By $0.08 EPS

SuperCom, Ltd. (NASDAQ:SPCB) announced its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.01 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.08, Morningstar.com reports. The firm had revenue of $7.50 million during the quarter.

Shares of SuperCom (NASDAQ SPCB) traded down 0.32% during trading on Friday, hitting $3.13. The stock had a trading volume of 10,453 shares. The stock’s 50-day moving average is $3.36 and its 200-day moving average is $3.06. SuperCom has a 12-month low of $2.01 and a 12-month high of $3.98. The stock’s market capitalization is $46.76 million.

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A hedge fund recently raised its stake in SuperCom stock. Boston Partners raised its position in SuperCom, Ltd. (NASDAQ:SPCB) by 3.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,108,888 shares of the industrial products company’s stock after buying an additional 37,313 shares during the period. Boston Partners owned 7.42% of SuperCom worth $3,538,000 as of its most recent filing with the SEC. 21.19% of the stock is currently owned by institutional investors.

About SuperCom

SuperCom Ltd is a provider of traditional and digital identity solutions, providing safety, identification, tracking and security products to governments, and private and public organizations throughout the world. Through its e-government platforms and solutions for traditional and biometrics enrollment, personalization, issuance and border control services, the Company enables governments and national agencies to design and issue multi-identification documents and digital identity solutions to their citizens and visitors.

Earnings History for SuperCom (NASDAQ:SPCB)

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