CPI Card Group, Inc. (PMTS) Tops Q4 EPS by 8c, Revenues Beat

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Go back to CPI Card Group, Inc. (PMTS) Tops Q4 EPS by 8c, Revenues Beat

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2019 Results

March 9, 2020 8:02 AM EDT

Strong Net Sales Growth, Significantly Improved Bottom-Line Performance

Fourth Quarter Net Sales Up 6% Year Over Year, 9% Excluding Canada

Full Year Net Sales Up 9%, 12% Excluding Canada

Continuing Operations - GAAP Net Loss Improves to $2.1 Million and $4.3 Million in the Fourth Quarter and Full Year, Improving 71% for Both Periods

Adjusted EBITDA Up 74% and 39% in the Fourth Quarter and Full Year, Respectively

Cash of $18.7 Million at Year End, New $30 Million Credit Facility to Support... More