CPI Card Group, Inc. (PMTS) Tops Q1 EPS by 50c

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Go back to CPI Card Group, Inc. (PMTS) Tops Q1 EPS by 50c

CPI Card Group Inc. Reports First Quarter 2023 Results

May 9, 2023 7:00 AM EDT

Net Sales Increased 8% to $121 Million; Net Income Increased 81% to $11 Million; Adjusted EBITDA Increased 11% to $25 Million

Strong Sales of Contactless Cards Drive First Quarter Growth

Company Affirms 2023 Outlook of Mid-Single Digit Net Sales Growth and Mid-to-High Single Digit Adjusted EBITDA Growth

Company Announces Appointment of Jeffrey A. Hochstadt as Chief Financial Officer

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... More