CPI Card Group, Inc. (PMTS) Tops Q4 EPS by 5c

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Go back to CPI Card Group, Inc. (PMTS) Tops Q4 EPS by 5c

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2017 Results

March 12, 2018 4:10 PM EDT

Fourth Quarter 2017 Net Sales of $65.0 million, down 3.6% year-over-year

Fourth Quarter 2017 GAAP Net Loss of $14.6 million; Adjusted Net Loss of $0.4 million

Fourth Quarter 2017 Adjusted EBITDA of $3.4 million

Fourth Quarter 2017 Cash Provided by Operating Activities of $9.4 million

2017 Ending Cash of $23.2 million, Undrawn Available Revolver of $20.0 million, Available Liquidity of $43.2 million

Growth, Optimization, and Innovation Initiatives Underway; Remain Confident in Long-Term Opportunities

Call scheduled for Monday, March 12, 2018 at 5:00 p.m. Eastern Time

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