/PRNewswire/ SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for.
SuperCom Reports First Quarter 2021 Financial Results
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a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for the three months ended March 31, 2021.
Three-Months Ended March 31, 2021 Financial Highlights
Cash and cash equivalents and restricted cash at the end of Q1-21 increased to $9 million from $4m at end of 2020.
Working Capital increased to $12.7 million at end of Q1-21 from $5.3 million at end of 2020.
Revenue in Q1-2021 was $3.0 million.
Gross margin in Q1-2021 increased to 55.3% from 47.5% in 2020.
EBITDA in the first quarter of $652,000.
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