SuperCom

SuperCom has signed another contract with a sheriff’s office in Utah, displacing a long-standing technology provider. The agreement is the third of its kind in Utah and calls for deployment of the PureSecurity Suite with GPS-based tracking, tamper protection and centralized monitoring; revenues follow a recurring model based on daily active units. The Tel‑Aviv‑based company has won more than 45 new monitoring contracts in the US since mid-2024 and reported EBITDA of about $11.7 million for the twelve months ending in Q2 2026. » Altro su de.investing.com

SuperCom reported Q2 revenue of $8.1 million (+13.3% year-on-year) and a gross margin of 60.0%. GAAP net income was $1.11 million ($0.20 per share), while non-GAAP net income was $2.9 million ($0.52 per share). EBITDA rose 58% to $4.0 million; for the first half the company reported $15.7 million in revenue and a non-GAAP result of $1.04 per share. SuperCom also reported several electronic monitoring contract wins, including national projects in Sweden and Norway and more than 45 new U.S. contracts. » Altro su de.investing.com

SuperCom has received orders totaling more than $3 million from the justice ministry of a European country for monitoring devices aimed at preventing domestic violence. The contract represents about 11% of revenue for the past twelve months and comes from an existing customer; delivery is scheduled to be completed by the end of 2026. The company has returned to profitability; the devices are part of the PureSecurity Suite and include GPS and RF tracking as well as tamper protection. » Altro su de.investing.com

SuperCom announced a registered direct placement of 732,683 common shares at $10.25 each and expects gross proceeds of approximately $7.5 million before fees. The placement comes while the stock trades at $12.15, up 50% over six months. Net proceeds are to be used for working capital, general corporate purposes and to support ongoing government projects in Europe and the U.S. Maxim Group is acting as sole placement agent; the offering is made pursuant to an already effective F-3 shelf registration statement. » Altro su de.investing.com

SuperCom has won a contract from a Georgian electronic monitoring service provider; implementation of the PureOne‑GPS units begins in August 2026. According to the company, the project is in its initial phase and more than twice as large as previous deployments with U.S. providers, replacing a former supplier that had operated for over 15 years. The service provider praised location accuracy, secure communication, battery life and form factor as reasons for its decision. SuperCom reported adjusted EBITDA of $10.3 million for the last twelve months; analysts see upside potential and cite price targets between $16 and $18. » Altro su de.investing.com