good thank the second a XXXX. you, our for press results morning, issued Thank financial everyone, release we joining and you us quarter Earlier, morning, and operator, of this today. for of
start can update comments followed You copy Investor I'll the section with our Q&A session. and a a by website business Today, www.supercom.com. a in of brief highlights, recent on at results, our Relations strategy find my future
a We year-over-year breaking net in second The income a $X.X record-breaking second a net remarkable a is million, second improvement. row, growth reflecting income our quarter high where this record. achieved This the of was -- an period with time. outstanding increase quarter $X.X our for SuperCom, million we're high quarter consecutive marking of quarterly XXX% year quarter-over-quarter
this positive reflecting increased from to million quarter our strength our activities of operating $X flows by performance. operational Additionally, year-over-year, $X.X the cash million
to are with We quarters. coming outstanding thrilled forward this look this in maintaining momentum the performance. We
a solution significant proprietary in various successfully our other to achieve innovation million the us EBITDA have and deliver quarter. needs $X.X proud and leverage XX% year-over-year our profitability. we in this the new initiatives, investments our of quarter, clients. advance multiple of in technology our sustained to with prior During projects along portfolio during this executed has markets particularly to meet ability commitment to evolving positioned operating utilized We're period, to reflecting integrated to This, and strategic PureOne of growth into this and our continued increase
For of founding of and electronic mission new proprietary intelligence trusted is public in revolutionize our worldwide, sector data monitoring With and electronic dozens our to SuperCom, we've experience to complementary solutions. since the been digital cutting-edge with XXXX, suite providing safety with worldwide national technology, years XX a security services. those over governments our of partner
with developing addition multiyear house global XX superior to Our XXXX, which government violence analytics, as secured with prevention support and and our insights and strategic clients.
We're is more.
Moreover, outcomes for and technology, provide these expanding we our supports proprietary presence. solutions. We're our government AI-driven improved powerful. monitoring, innovative services, tenders straightforward blueprint which competitive technology, recently GPS portfolio include arrests, highly to yet broadened monitoring our such programs various rehabilitation technology, Lead predictive have in solutions. enhanced This over monitoring are advanced integration our projects ability solutions. new our electronic an Since we domestic
deliver each and and premium enhances we services outstanding Our solutions service. new strong of monitoring win, a market growing reputation customer as electronic with our provider position
the developed the tracking greatest. developed strategic business opportunity focus -- is IoT on in the where Our markets is is
$X.X projected markets. billion market to the and constitute reach monitoring the by Europe XXXX, U.S. these about XX% With electronic of
to is like are launch headway PureProtect R&D already These a advanced solution, markets, and providing in SuperCom's the measures violence of leading competition ankle solutions Like integrating an investments, tracking placing life-saving technological it monitoring their increasing in of the We domestic above all-in-one domestic offers it amplify comprehensive PureOne including making those various solution, expansion.
PureProtect the offerings our is thereby our preventive from products, U.S. features, continue significant violence GPS device. stalking, to PureOne. a leadership bracelet many single safety. top-notch or and monitoring monitoring with families suffering capabilities to into metrics. pivotal are in
intervention cloud-based empowering and market Our real-time potential and game them risks in support to and products and our to software ensure public authorities accelerated outreach particularly and information. been a safety.
These product with our facilitate pleased into a revamped have and have into further of sales offenders real-time very and significantly our reception This line actionable enabled changer, market. addressable expect the We've is PureSecurity effective has the European advantage monitoring insights SuperCom to managing timely expanded operational company's infrastructure with expansion strategy proactive growth help with our countries. fortified approach. traction U.S. been the mitigate We
instrumental driving achieving wins in Our and industry deep been has sales new growth. team with expertise
further company's XX% announced tracking domestic in and months, new SuperCom tracking past orders programs the national catalyze many market, European the vendors over the have one programs the projects the European X U.S. uptake continuously we in launched rates across and has secured Europe several bids tenders. and years, execution.
Notably, competitive Romania, has over from customers. past contracts European SuperCom violence at stages win the the Europe. the like achieved various and large-scale existing wins incumbent Over to of potential with in displaced offender In
countries significant a through over receive ongoing European are solutions competitive winning typically countries process. partners. we tender to continue which and anticipate and awarded execute our these business from broader SuperCom our contracts, the we more the a expansion As across Besides of continent.
In technologies, projects, new into market, its orders secured European new adopt XX expanded
PureTag the over in versatility totaling our Just European solution. violence electronic of of consisting PureProtect receipt effectiveness monitoring domestic our and deploy and suite new million demonstrates The European PureSecurity $X.X Finnish solutions. the about leadership It our to the $XX in X weeks year, at PureMonitor a deployment ago, from monitoring million we secured and underscores our announced government PureTrack, national space. from new of program of with governments, we orders over orders valued clients.
Last a
and solutions.
Notably, example at our in their year Our XX,XXX per including progressing the end to Romania, country's our collaboration the demonstrates SuperCom have further of extending project. substantial with XXXX, experience large-scale month of X and national million, advancements, services is project to PureSecurity broaden been project EM reinforces diverse worldwide.
We've monitoring The the has and recently project This for in in trusted won also who with of smoothly for suite our the our partner solutions in engagement a other as our prime domestic $XX strength the company our a U.S. the position array up of European them cements largest as offenders up those to confidence regions of the for award monitored in choose national launched industry electronic years. valued that at the launched engagement Finland have governments often clients violence
European European it's the an the know the important market grow, bringing Xx continues X of the size offers While to to market. that approximately to opportunity, even U.S. larger market
our of our domestic the well unlock in monitoring PureOne substantial With of and the potential available expansion positioned is the U.S. this introduction SuperCom we product untapped growth to believe in violence now tracking solutions, market. electronic
our multiple on further in already states, SuperCom in actively we presence U.S. focused business expanding U.S. are Although the does
expanding programs in been untapped received successfully promising Europe and for high utilized markets U.S. has parts in new we the PureOne But market is PureOne's name the growth located Kentucky, California, Despite have introduction scope rebids market offenders.
Moreover, various with commenced few, activities praise XXXX, feedback investing new wins already presence began remains significant and North launch monitor U.S., Our outbound Texas, customers America. in for winning we and geographies. new coupled to to deployed us. initial XXXX, markets us sales company of across and deployments, our PureOne in PureOne in wholly-owned Since have capture existing of California with positive prioritizes positions into opportunities. the outside the subsidiary, actively efforts accelerate size unlocking of long-standing new the secured customers. in regions programs, LCA, actively from expansion and it during The the existing of where to California, has to live winning with Idaho, strategically its a largely in Wyoming, sales USA,
X provide winning competitor. who established formal solution $X America in of with our solution inmates. increase program, to our result the expansion company's particularly sector. notable was for SuperCom's in a in up and wins been and services have a multiple competitive demos, sales already late new provider California the significant The and steps valued the provide California adult to strategy. a through project we've for the a in California comprehensive company's PureOne milestone activity was an have displacement LCA, new in contract LCA new new Entering team customers on successful Our focusing executing in won to long-time expansion a a resulting U.S. award in jail-based projects the This new in new process.
Moreover, significant is reentry XXXX market services in first judicial contract with increased of existing secured incumbent million in already strategic pipeline.
Launching XXXX, strategy a U.S. North announced U.S. driven markets
collaboration solutions in renowned Finally, long-standing a technologies. with Canada SuperCom tracking to partner, from with RF-based won existing a a new sector. providing project partner project tracking This GPS an new in embracing Canadian technology expands industry transitioning the
and expansion North contracts, uncertainties a We solution relevant. technology securing introducing to market solution and and those increasingly contracts. our superior in our our earlier, global competitive tenders. growing leverage edge our It including as in position leader. and and is technologies innovative our as our challenges, a macroeconomic we securing services commitment [ By indicators competitive ] on influence ongoing wins underscores record By conclusion these strategy, securing mentioned experience are our potential Israel, in changer SuperCom of recent track PureOne despite to delivering these our further and and I view contracts these and being we win worldwide.
In of our in others, solutions. As game America reinforce
technology for ease enforce driven continue offering to the incarceration escalating victim costs address in see company's these designed ways prison surge rates, been of trends, PureSecurity confinement, We of recidivism lower by and solutions home growth have solutions significantly. effective the protection and to high institutions overcrowding to new the worldwide.
The cost adoption
home For to improve $XX, less or daily $XXX in its $XXX example, monitoring lives offender effectiveness Moreover, than GPS highlighting facility. reduce helping offenders correctional a and home at which communities. helps offenses, is day, to on costs $XX XX% about repeat costs their confinement the an a confinement
those in there previous electronic acquisitions market a strategic markets.
We providers, integration As presence monitor through calls, mentioned for reputation growth acquisitions expanding U.S. and our generate customer and an is in base with significant potential of providing enhance that we believe service immediately to value local also vertical we've synergies. local opportunity monitoring constantly market the strong by
example. new in successful $X since generated proven a million value LCA project is then of great The million XXXX financials. acquisition Our a turn alone.
I'll that's to throughout of acquisition be to in the $XX the over great strategic wins has of now California
conference financial previous to results our ongoing delighted subsequent in we the that I share projects our contributing call, During results. mentioned substantially financial our and to that improved anticipated our operating mature. as we've I'm orders
profit. rise margin $X.X operating substantial significant operating income by gross loss million, year-over-year. points in our million percentage our to an improved Our of reaching year-to-year from turnaround $X $X.X Moreover, by by gross XX.X% XX.X a driven the million, improved
Our non-GAAP and benefit with continued net $X.X higher surged IoT in progress of year-over-year revenues our the million, by leverage income operating associated XXX% to projects. reflecting
This of our stages in the ability progression quarter's our to focus potential project of and on margin these growth highlight through seize portfolio and execution projects, profitability. our showcasing different successful high results sustained
in momentum improved million XXXX by stages. to quarter causing from to of compared the composition last $X.X following as quarter enhance $X.X million we've from margins, million, in projects our expenses, is our Gross margins profit typically cash financial second reflecting flows second increased profit results while deployment Our stages maintained is advanced negative stages incur of activities, the year-over-year this higher cash XXXX. depending which million progress the operating year.
The gross the project initial projects, of quarter million by of and evidenced where a comparison gross revenue and $X.X project by XX.X% increased in QX also and our operating $X fluctuations to mature.
Typically, on yield $X.X across higher between
the trend matures, on we gross pipeline expect in portfolio. As evolving margin our based project an project upward
as each ensuring These our technology infrastructure, deploy growth meet continued margins quarter, for a forefront and XX% bracelet additional supporting levels aimed on the and ensuring the of retaining expenses are as or expenses additional slight primarily which develop existing our As new in bracelets where increase products we to in can high we at balanced be we in client gross our regions future more.
We run profit. innovation at increase and leadership high expenses clients, improve our projects the contribution existing space. the as R&D edge this and they operating $XXX,XXX of and remain needs pipeline, in of existing technological features satisfaction.
We existing new of to launch the by increased observed
of our positive increased plan.
EPS EBITDA sales In underscores to of associated wins by achievement global business to domestic to improved progress a reflecting in and and sustained $XXX,XXX from the IoT by million violence million, compared profitability. addition, focus in as project operating as prevention. to negative footprint $X.X our new year. ongoing XX% leverage We fields a of on plan marketing revenues, phases former well projects. expenses $X.XX by This EPS growth such higher and this the to expand our $X.XX, execute support sales Company's and and improved in the continued in deploying R&D marketing our quarter invest our negative new and projects $X.X continue with to $X.XX territories our as benefits
improved $X.X Our quarter profit last non-GAAP of improved $X to Positive of from to by net net net million $X.X $X.X positive to $X.X from EPS income $X.X new to million improved year. And million of record loss our year. million a profit $X.XX non-GAAP compared last last $X.XX this a profit year. million million non-GAAP a by EPS
liabilities XXX% price. includes up market prices negotiated which to Additionally, by and creditors we've to long-term made million with $X.X considerable to exchanges year-over-year, our on premium strides multiple our in equity reducing premium debt of
We're through solutions.
We we demand excited nice are legacy experiencing to and highest close and in transitioned million rate million new deployed. are our operating in cash tracking by $X.X show policy as and a the cash about of programs well violence Our anticipate of external monitoring XX% supported cash believe growing effective technology their in to We the the of the we expanding strategic achieve improvement sustained right win flows technology financial and hard, criminal products and growing our global offering public million our year-over-year, factors, multiple the new we're by tireless annually products.
After help reputation growth by the marks in $XX improvements grew IoT driven clients and for investments.
In and approximately markets, U.S.A., shift nature continue about by developed the reported the a business record-setting on the of many in centers recidivism These to before of billion make European our the These incarceration, $X.X quarter-over-quarter $X.X share positive electronic significant on justice we expansion by strengthen our domestic to our teams capitalizing projects. further successful to in company's prisons.
With us. operating We million revenue and several flows cash need in monitoring are countercyclical million the system our We've closing, including industry, foundation improved an is continued challenges by to when growing I'd like position and again. $X.X to operating instead being showing support the $X room to as overcome our better focused ongoing and over which reducing This U.S.A. Europe. remain growth for for for years. U.S. presence, funding growth there and strong our opportunities execute to the this and positioned the shift happy well quarter. once adoption thank that that from business, rehabilitation past initiatives on use we're spent market the of research public as offenders to few profit. position lay the growth prevention a years our for performance U.S. work
as Our commitment the our and more locations.
With invest the Operator? growth to advantages continue and steadfast the turn I'll over expansion into robust to we technology to preserving support investment operator to foundations the will remains that, open questions. for call
