SuperCom Secures New Electronic Monitoring Contract in Alabama, Expanding State Footprint
Rhea-AI Summary
SuperCom (NASDAQ: SPCB) has secured a new electronic monitoring contract with a community corrections agency in Alabama, marking its second agency win in the state this year. The contract involves deploying SuperCom's PureSecurity™ Suite and PureOne™ GPS solution, following a recurring revenue model based on daily active units.
The company has demonstrated strong growth, securing over 30 new contracts and entering 11 new states since mid-2024. SuperCom reported impressive financial performance with record first-half net income of $5.3 million and a 61.2% gross margin. The contract was awarded through direct agency process, based on a strong referral from an existing customer in the region.
Positive
- Record first-half net income of $5.3 million
- Strong gross margin of 61.2%
- Secured over 30 new contracts since mid-2024
- Expanded into 11 new states
- Recurring revenue model based on daily active units
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SPCB declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Second Alabama Agency Win This Year Reflects Strong Customer Satisfaction, Technology Performance, and Trusted Execution

This marks SuperCom's second agency win in
"Securing a second win in
"This milestone further reinforces our successful
About SuperCom
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: www.supercom.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
SuperCom Investor Relations:
ir@supercom.com
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SOURCE SuperCom