CPI Card Group Inc. Reports Fourth Quarter and Full Year 2019 Results
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CPI Card Group, Inc. (PMTS) Tops Q4 EPS by 8c, Revenues Beat
March 9, 2020 8:04 AM EDTCPI Card Group, Inc. (NASDAQ: PMTS) reported Q4 EPS of ($0.19), $0.08 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $72.6 million versus the consensus estimate of $69.38 million.
Fourth quarter results were strong, rounding out another year of crisp execution of our customer-centric strategy, said Scott Scheirman, President and Chief Executive Officer of CPI. We believe we gained market share across all of our business units during 2019 by leveraging our robust products and solutions. We delivered our eighth consecutive quarter of year-over-year net sales growth, highlighted by a 24%... More
