CPI Card Group, Inc. (PMTS) Misses Q1 EPS by 1c, Guides FY16 Well Below Views

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CPI Card Group Inc. Reports First Quarter 2016 Results

May 11, 2016 4:16 PM EDT

First Quarter Net Sales of $86.4 million and Adjusted Diluted EPS of $0.13

Declares quarterly dividend of $0.045 per share

Announces Share Repurchase Program

Call scheduled for Wednesday, May 11, 2016 at 5:00 p.m. Eastern Time

LITTLETON, Colo.--(BUSINESS WIRE)-- CPI Card Group Inc. (Nasdaq: PMTS; TSX: PNT) (CPI Card Group or the Company) today reported financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Highlights

U.S. Debit and Credit EMV® chip card shipments were 41.4 million, a 66.1%... More