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Big revenue increases and a public placement for SuperCom
Aug. 3, 2023, 9:43 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Revenue for SuperCom, the government-focused biometric identification and authentication firm, grew smartly in both the second quarter and first half.
The company also has announced a $2.75 million public offering.
Second-quarter tallies released by the company show a 141 percent increase in revenue. SuperCom said it was the fourth consecutive quarter of "high year-over-year revenue growth.
Half-year revenue grew 126 percent year over year as well, according to the company.
SuperCom reported an unaudited net loss for the second quarter …
authentication big biometric biometric identification biometrics biometrics news biometrics stocks financial results government identification public revenue second quarter stocks supercom the company trade notes
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