CPI Card Group (PMTS) Stock News

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CPI Card Group (Nasdaq: PMTS) announced a strategic partnership and a minority equity investment in Karta to integrate Karta’s patent-pending SafeToBuy technology into CPI’s U.S. prepaid solutions.

The collaboration makes CPI the exclusive U.S. supplier to produce contactless EMV gift cards embedding SafeToBuy, which removes printed card numbers from packaging and embeds payment data in the EMV chip to help mitigate prepaid card fraud.

The companies are piloting with a leading national retailer and target a U.S. launch in early 2026, with potential extension to debit and credit products.

CPI Card Group (NASDAQ: PMTS) celebrated the grand opening of its new Fort Wayne Lima Road production facility on Oct. 23, 2025 with a ribbon-cutting ceremony.

The facility is >2x the size of the former High Street site, already shipping credit and debit cards, and is expected to have all production lines operational by year-end 2025. CPI employs nearly 200 full-time workers in Fort Wayne. The site includes inline production, co-bots, AI-enabled equipment, and sustainability efforts targeting waste reduction, renewable energy options, and LEED certification.

CPI Card Group (Nasdaq: PMTS) will release its third quarter 2025 financial results before market open on November 4, 2025.

A webcast and conference call will be held the same day at 9:00 a.m. ET with President & CEO John Lowe and CFO Jeff Hochstadt. The press release and slide presentation will be available on the company investor website.

Investors can join via toll-free U.S. dial-in or webcast; a replay of the call will be available through November 11, 2025 on the investor website and by telephone.

CPI Card Group (Nasdaq: PMTS) reported Q2 2025 results with net sales increasing 9% to $129.8 million (15% growth excluding accounting change impact). The company completed the acquisition of Arroweye Solutions for $45.6 million in May 2025. Net income decreased 91% to $0.5 million, impacted by acquisition costs and restructuring charges, while Adjusted EBITDA increased 3% to $22.5 million.

The company updated its 2025 outlook, projecting low double-digit to mid-teens net sales growth, up from previous mid-to-high single-digit growth forecast. Adjusted EBITDA outlook remains unchanged at mid-to-high single-digit growth. Key growth drivers include Arroweye's performance, increased sales of contactless debit and credit cards, and strong Card@Once® instant issuance solutions.

CPI Card Group (Nasdaq: PMTS), a payments technology company specializing in payment cards and digital solutions, will release its second quarter 2025 financial results on August 8, 2025, before market opening.

The company will host a conference call and webcast at 9:00 a.m. ET on the same day, featuring President and CEO John Lowe and CFO Jeff Hochstadt. The earnings call replay will be available until August 15, 2025.

CPI Card Group's metal debit card and packaging solution for United Heritage Credit Union has been recognized as a finalist in the 2025 Élan Awards' Personalization & Fulfillment category. The premium package features a sleek black box with silver foil logo, containing a laser-engraved metal card that weighs four times more than standard cards. The UHCU Metal Card offers enhanced durability, improved security against fraud, and contactless payment capabilities. This recognition adds to CPI's impressive track record of Élan Awards, including a 2024 People's Choice award for LED card innovation and previous wins for encased-metal and eco-friendly ocean-bound plastic cards in 2022 and 2021 respectively.

CPI Card Group (NASDAQ: PMTS) has acquired Arroweye Solutions for $45.55 million in an all-cash transaction. Arroweye, a leading provider of digitally-driven on-demand payment card solutions, is expected to generate mid-$50 million in revenue for 2025. The acquisition adds Arroweye's technology-driven platform and production capabilities to CPI's portfolio, eliminating inventory holding needs and enabling hyper-personalization with rapid turnaround times. Arroweye brings approximately 200 employees and a 75,000 square foot production facility in Las Vegas. CPI funded the acquisition through a combination of cash and borrowings from its $75 million ABL revolver. The strategic move aims to enhance CPI's market position, expand customer base, and drive long-term growth in the payment technology sector.

CPI Card Group (NASDAQ: PMTS) reported mixed Q1 2025 results with net sales increasing 10% to $122.8 million, while net income decreased 12% to $4.8 million and Adjusted EBITDA fell 8% to $21.2 million. The company announced the acquisition of Arroweye Solutions, a provider of on-demand payment card solutions. Sales growth was driven by strong performance in contactless debit and credit cards, along with prepaid card solutions. The Debit and Credit segment saw a 10% increase to $96.5 million, while Prepaid Debit segment also grew 10% to $26.7 million. CPI affirmed its 2025 outlook, expecting mid-to-high single-digit organic growth for both net sales and Adjusted EBITDA. The company maintains a strong position in eco-focused payment solutions, having sold over 350 million eco-focused cards since launch.