SuperCom Wins Third Texas Electronic Monitoring Contract, Displacing Incumbent
SPCB sits 53% above its 52-week low of $7.07.
Summary
SuperCom secured a new county-level electronic monitoring contract with a juvenile probation agency in Texas, its third in the state since expanding there in December 2025. The deal fully displaces the incumbent provider and follows a multi-week live-unit evaluation of its PureOne GPS technology. The contract runs on a recurring revenue model based on daily active units, adding to SuperCom's growing base of over 45 U.S. contracts since mid-2024. This continues a pattern of rapid state-by-state expansion, with recent wins in Michigan, Georgia, Kansas, New York, and Ohio. The company reported record Q2 revenue of $8.1 million and trailing twelve-month EBITDA of approximately $11.7 million, providing a solid foundation for further growth.
At the time of this announcement, SPCB was trading at $10.85 on NASDAQ in the Technology sector, with a market capitalization of approximately $68.1M. The 52-week trading range was $7.07 to $13.57. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.