CIBC Downgrades CPI Card Group (PMTS) to Sector Underperform

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Go back to CIBC Downgrades CPI Card Group (PMTS) to Sector Underperform

CPI Card Group Inc. Reports Third Quarter 2016 Results

November 9, 2016 4:21 PM EST

Third Quarter Net Sales of $81.2 million

Earnings per Share of $0.07, Adjusted Diluted EPS of $0.11

Announces Quarterly Dividend of $0.045 per Share

Call scheduled for Wednesday, November 9, 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 third quarter ended September 30, 2016.

Third Quarter 2016 Summary

Net sales were $81.2 million, a decrease of 24.6% compared to the prior year period.... More