CPI Card Group, Inc. (PMTS) Misses Q3 EPS by 51c, Beats on Revenue

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CPI Card Group Inc. Reports Third Quarter 2024 Results

November 5, 2024 7:00 AM EST

Net Sales Increased 18% to $125 Million and Full Year Sales Outlook Increased

Growth Across Portfolio, Led by Strong Sales of Debit and Credit Cards

Net Income Decreased 66% to $1 Million, Impacted by Debt Refinancing Costs; Adjusted EBITDA Increased 18% to $25 Million

Full Year Adjusted EBITDA and Free Cash Flow Outlooks Increased

LITTLETON, Colo.--(BUSINESS WIRE)-- CPI Card Group Inc. (Nasdaq: PMTS) (CPI or the Company), a payments technology company providing a comprehensive range of payment card and digital solutions, including Software-as-a-Service-based... More