COMPOSECURE INC Stock Price, News & Analysis

CompoSecure, Inc. (CMPO) reported first quarter 2022 net sales of $84.2 million, marking a 32.1% increase year-over-year. Net income rose to $26.9 million (up 16%), while Adjusted EBITDA reached $33.3 million (up 14%). Strong international sales of $21.8 million and partnerships with cryptocurrency platforms bolstered growth. The company reaffirmed its 2022 guidance, projecting net sales between $336 million and $376 million.

CompoSecure, Inc. (NASDAQ: CMPO) will hold its Q1 2022 earnings call on May 9, 2022, at 5:00pm ET. Interested parties can join via a registered webcast link or by calling 1-877-270-2148 for US/Canada, and 1-412-902-6510 internationally. The call aims to provide insights into the company’s performance in financial payment cards and cryptocurrency solutions. CompoSecure has made significant contributions to secure digital asset management since its inception in 2000, focusing on premium quality and innovation.

CompoSecure, Inc. (Nasdaq: CMPO) announced that Chief Product & Innovation Officer Adam Lowe has received the 2022 Digi-Tech Innovator Award from NJBIZ. Lowe, who oversees Research and Development, has expertise in blockchain and security technologies and is listed as an inventor on over 200 patents. Under his leadership, CompoSecure launched Arculus™, a digital identity authentication platform aimed at simplifying cryptocurrency transactions. This recognition emphasizes the company's innovation in financial payment solutions.

CompoSecure (NASDAQ: CMPO) announces that Adam Lowe, Chief Innovation Officer of Arculus™, will speak at Bitcoin 2022 in Miami on April 8 at 11 AM ET. The panel titled “Hardware Wallets: Secure Bitcoin Storage” will focus on cryptocurrency security. Arculus will provide the first 25,000 attendees with custom-designed Arculus Key Cards, with a special edition for Whale Pass holders. Lowe emphasizes the importance of security for cryptocurrency adoption, aiming for a shift from early adopters to the early majority in the market.

CompoSecure, Inc. (NASDAQ:CMPO) reported fourth-quarter net sales of $75.3 million, a 40.2% increase year-over-year. Full-year net sales reached $267.9 million, aligning with guidance. Adjusted EBITDA for the year was $102.4 million, at the high end of guidance. The company launched Arculus, a next-generation cold storage wallet for digital assets. Net income for Q4 was $20 million, compared to $2.9 million in Q4 2020, with a gross margin of 52.2%. Full-year net income increased to $83.4 million from $77.8 million.

CompoSecure, Inc. is set to hold its fourth quarter 2022 earnings call on March 10, 2022, at 5:00 PM ET. Interested parties can register for the call through a webcast link or by phone. CompoSecure specializes in premium payment cards and cryptocurrency security solutions, aiming to enhance client brand equity and cardholder experience.

CompoSecure, Inc. (NASDAQ: CMPO) announced its participation in the 24th Annual Needham Virtual Growth Conference, scheduled for January 14, 2022, at 2:00 p.m. ET. The presentation will be delivered by President and CEO Jon Wilk and will be webcast live on the CompoSecure Investor Relations website. The company, founded in 2000, specializes in premium financial payment cards and emerging cryptocurrency storage solutions, aiming to enhance brand equity and user experience for affluent clients worldwide.