SuperCom (NASDAQ: SPCB) has announced that it will be unveiling its second quarter financial results on Thursday 15th August 2024. The disclosure is planned to occur before market open.
As per the projections made by financial experts on Wall Street, the company is expected to announce an estimated $0.03 loss per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $6 million.
The forecasts for the company’s annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $27.1 million. In addition, they anticipate the company to report loss of $0.03 per share for the fiscal year.
The company’s earnings report for the same quarter in the previous year revealed a per-share income of $0.07, attributed to the company’s total revenue of $7.75 million.
SuperCom (SPCB) closed Wednesday’s regular trading session at $0.20. The stock fluctuated between $0.19 and $0.20 during the day, with a volume of 1.26 million shares.
