CPI Card Group, Inc. (PMTS) Tops Q2 EPS by 3c

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Go back to CPI Card Group, Inc. (PMTS) Tops Q2 EPS by 3c

CPI Card Group Inc. Reports Second Quarter 2022 Results

August 8, 2022 7:00 AM EDT

Net Sales Increased 22% to $113 Million; Net Income Decreased 1% to $6 Million; Adjusted EBITDA Increased 2% to $20 Million

Strong Demand for Eco-focused Cards and SaaS-based Instant Issuance Solutions Drove Second Quarter Sales Growth

Company Increases 2022 Outlook for Net Sales and Adjusted EBITDA

LITTLETON, Colo.--(BUSINESS WIRE)-- CPI Card Group Inc. (Nasdaq: PMTS) (CPI or the Company), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the second quarter ended June 30, 2022 and updated its financial outlook for... More