Israel's SuperCom Q1 revenue rises on new contracts

Supercom

14/05/2026 14:10

Overview

Israel secured solutions provider's Q1 revenue rose 8% yr/yr to $7.6 mln

Non-GAAP EPS for Q1 was $0.51, up from $1.48 a year earlier

Company secured over 40 new U.S. electronic monitoring contracts and a $17 mln deal in Sweden

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

U.S. RECURRING REVENUE GROWTH - Co said quarterly recurring revenues from U.S. electronic monitoring technology rose about 88%, reflecting rapid expansion across the United States

NEW CONTRACT WINS - Co secured over 40 new U.S. electronic monitoring contracts since mid-2024, including entry into 16 new states and 17 new partnerships with regional service providers

INTERNATIONAL EXPANSION - Co won a $17 mln national electronic monitoring contract in Sweden and expanded its domestic violence solutions to a tenth nation

Company press release: ID:nPnb0KBKMa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$7.61 mln
$7.10 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$0.51
$0.05 (1 Analyst)
Q1 Net Income
$1.33 mln
Q1 Gross Profit
$4.80 mln
Q1 Operating Expenses
$3.58 mln
Q1 Pretax Profit
$905,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Supercom Ltd is $15.00, about 32.5% above its May 13 closing price of $11.32

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)