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

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