CoreCard Corporation (CCRD) Misses Q4 EPS by 9c

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Go back to CoreCard Corporation (CCRD) Misses Q4 EPS by 9c

CoreCard Corporation Reports Fourth Quarter and Full Year 2022 Results

February 16, 2023 7:15 AM EST

NORCROSS, Ga., Feb. 16, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD) (CoreCard or the Company), 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 and full year ended December 31, 2022.

CoreCards strong performance continued in the fourth quarter and resulted in full year top-line growth of 45%. We recognized $1.8 million in license revenue in the quarter, bringing full year license revenue to $16.1 million, a record. Additionally, our full year professional services revenue grew by 18%, while... More