CPI Card (PMTS) Stock

CPI Card Group Inc. (NASDAQ:PMTS ) Q3 2024 Earnings Call November 5, 2024 9:00 AM ET Company Participants Mike Salop - Head, Investor Relations John Lowe - President and Chief Executive Officer Jeff Hochstadt - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Capital Markets Andrew Scutt - ROTH Capital Partners Peter Heckmann - D.A. Davidson Hal Goetsch - B.

CPI Card Group Inc. (PMTS) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.33 per share a year ago.

CPI Card Group Inc. (PMTS) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.55 per share a year ago.

If you are looking for stocks that are well positioned to maintain their recent uptrend, CPI Card Group (PMTS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

CPI Card Group reported Q4 results with weakness in financials due to customers' inventory management and cautious spending, in line with expectations when excluding a severance package. The company's 2024 outlook implies a recovery into growth in H2/2024 as short-term challenges start to subside. The stock had a significant sell-off, which was unjustified in my opinion. With the undervaluation only widening, I remain with a buy rating.

CPI Card Group Inc. (PMTS) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $1.06 per share a year ago.

CPI Card Group Inc. (NASDAQ:PMTS ) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Mike Salop - Head, IR Scott Scheirman - President and CEO John Lowe - EVP, End-to-End Payment Solutions Jeff Hochstadt - CFO Conference Call Participants Jaeson Schmidt - Lake Street Hal Goetsch - B. Riley Securities Operator Welcome to CPI Card Group's Third Quarter 2023 Earnings Call.

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI Card Group”), a payment technologies company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Tuesday, November 7, 2023 at 9:00 a.m. Eastern Time (ET) to discuss its third quarter 2023 financial results. Participating on the call will be President and Chief Executive Officer Scott Scheirman, Chief Financial Officer Jeff Hochstadt, and EVP, End-to-.

Despite significant banking turmoil, PMTS grew 2nd qtr. revenue single digits and EBITDA mid-teens demonstrating its resilient recurring business model. Some of the company's 27% growth in 2022 was due to excessive channel inventory, which should dissipate in Q4 2023 unmasking secular growth. The new CEO should be a catalyst as they would reengage with investors bringing new institutional investors into the stock.