CoreCard Corporation (CCRD) Tops Q1 EPS by 20c

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Go back to CoreCard Corporation (CCRD) Tops Q1 EPS by 20c

CoreCard Corporation Reports First Quarter 2022 Results

May 5, 2022 7:15 AM EDT

NORCROSS, Ga., May 05, 2022 (GLOBE NEWSWIRE) -- CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended March 31, 2022.

"CoreCards strong performance continued in the first quarter and resulted in total net revenue of $24.3 million which actually exceeded the high end of our expectations, said Leland Strange, CEO of CoreCard Corporation. "Our significant top-line growth was driven by $12.5 million in license revenue, combined with 14% growth in professional services revenue and processing and maintenance revenue... More