CPI Card Group, Inc. (PMTS) Misses Q3 EPS by 9c, Revenues Miss

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Go back to CPI Card Group, Inc. (PMTS) Misses Q3 EPS by 9c, Revenues Miss

CPI Card Group Inc. Reports Third Quarter and Year-to-Date 2019 Results

November 6, 2019 8:15 AM EST

Third Quarter Net Sales Up 1% Year Over Year, 3% Excluding Canada

Net Sales Up 10% Through First Nine Months, 13% Excluding Canada

Continuing Operations - GAAP Net Loss of $0.7 Million in Third Quarter and Net Loss of $2.2 Million through First Nine Months, an Improvement of 40% and 71% Year Over Year, Respectively

Adjusted EBITDA of $12.3 Million and $28.8 Million in Third Quarter and First Nine Months, Up 34% and 31% Year Over Year, Respectively

Cash of $14.3 Million, Available Revolver of $20.0 million, Available Liquidity of $34.3 Million at... More