- Digital security solutions innovator SuperCom Ltd. is building on decades of experience in identification technology now focusing on electronic monitoring services for the upward-trending public safety market
- SuperCom’s third quarter financial statement released in November showed 67% revenue growth YOY and 550% growth in its EBITDA
- The company is expanding its presence in the United States by entering new state markets, building on a history of services in California and other states
- SuperCom is also growing in the European Union, with key contracts recently signed in Romania and Finland
Electronic-monitoring (“EM”) security solutions developer SuperCom (NASDAQ: SPCB), focused on revolutionizing public safety around the world through EM technology and complementary services, has seen revenues grow 67% year-over-year between 2022 and 2023, with 73% of its revenues sustained on a recurring basis (https://ibn.fm/JOZP5).
SuperCom’s success with more than 50 client governments is evidence of a growing resource for monitoring inmates and individuals under house arrest or other court-ordered rehabilitation programs — a growing market that the company’s management expects to reach $1.6 billion in…
NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB
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