SuperCom Q2 EPS $0.07 Up From $(0.50) YoY, Sales $7.75M Beat $4.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
SuperCom reported Q2 earnings of $0.07 per share, a 114% increase YoY. The company's quarterly sales were $7.75 million, beating the analyst consensus estimate of $4.60 million by 68.43% and marking a 140.77% increase YoY.
July 31, 2023 | 12:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SuperCom's Q2 earnings and sales significantly exceeded expectations and showed substantial growth YoY.
SuperCom's Q2 earnings and sales have significantly exceeded expectations, showing a strong financial performance. This is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100