CoreCard Corporation (CCRD) Reports In-Line Q2 EPS

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Go back to CoreCard Corporation (CCRD) Reports In-Line Q2 EPS

CoreCard Corporation Reports Second Quarter 2022 Results

August 3, 2022 7:30 AM EDT

NORCROSS, Ga., Aug. 03, 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 June 30, 2022.

"CoreCards strong performance continued in the second quarter and resulted in total revenue of $15.2 million in-line with our expectations, said Leland Strange, CEO of CoreCard Corporation. "Our significant top-line growth was driven by 25% growth in professional services revenue and processing and maintenance revenue growth of 8%. Additionally, we achieved a new license tier as discussed on... More