CPI Card Group, Inc. (PMTS) Misses Q2 EPS by 2c, FY Guidance Misses Views

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CPI Card Group Inc. Reports Second Quarter 2017 Results

August 2, 2017 4:16 PM EDT

Second Quarter Net Sales of $65.8 million

Second Quarter Net Loss of $2.2 million, or $(0.04) loss per diluted share

Adjusted EBITDA of $8.7 million

Company Provides Revised 2017 Full Year Guidance

Cash of $17.9 million, Undrawn Revolver of $20.0 million, Available Liquidity of $37.9 million

Discontinued Quarterly Dividend

Call scheduled for Wednesday, August 2, 2017 at 5:00 p.m. Eastern Time

LITTLETON, Colo.--(BUSINESS WIRE)-- CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (CPI Card Group or the Company) today reported financial results for the... More