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CPI Card Group Inc - PMTS STOCK NEWS

Welcome to our dedicated news page for CPI Card Group (Ticker: PMTS), a resource for investors and traders seeking the latest updates and insights on CPI Card Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CPI Card Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CPI Card Group's position in the market.

News
CPI Card Group Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
CPI Card Group Inc. reported a 15% decrease in net sales to $106 million and a 68% decrease in net income to $4 million for the third quarter of 2023. The company also updated its 2023 outlook, projecting mid-single digit declines in net sales and Adjusted EBITDA, with Free Cash Flow to be approximately double the 2022 level. Additionally, CPI announced a $20 million share repurchase authorization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.31%
Tags
earnings
-
News
CPI Card Group Inc. to Release Third Quarter Results on November 7, 2023
Rhea-AI Summary
CPI Card Group Inc. will host a webcast and conference call on November 7, 2023, to discuss its third quarter 2023 financial results. The call will be attended by President and CEO Scott Scheirman, CFO Jeff Hochstadt, and EVP John Lowe. The financial results will be released before the markets open on the same day. Participants can access the conference call via telephone or online, and a replay will be available until November 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
earnings
-
News
CPI Card Group® Introduces Card@Once® Ribbon Shredder for Protection of Sensitive Cardholder Data
Rhea-AI Summary
CPI Card Group introduces Card@Once Ribbon Shredder to help financial institutions protect customer data
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
none
News
CPI Card Group® Expands Their Metal Card Offerings with a New Tungsten Card
Rhea-AI Summary
CPI Card Group has expanded its offerings of encased metal cards to include a contactless tungsten card. The card weighs four times more than a standard plastic payment card and offers dual-interface capability. CPI aims to provide innovative solutions to financial institutions to enhance customer loyalty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
none
-
News
CPI Card Group Inc. Reports Second Quarter 2023 Results
Rhea-AI Summary
CPI Card Group reports Q2 financial results, with net sales increasing 1% to $115 million and net income increasing 6% to $7 million. Adjusted EBITDA increased 18% to $23 million. First half net sales increased 5% and net income increased 43%. The company updated its 2023 outlook, with a range of flat to low single-digit growth in net sales and mid-to-high single-digit growth in Adjusted EBITDA. Third quarter sales and Adjusted EBITDA are expected to decline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.67%
Tags
earnings
-
News
CPI Card Group Inc. to Release Second Quarter Results on August 8, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.56%
Tags
earnings
News
CPI Card Group® Earns Forest Stewardship Council® Certification
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
-
News
CPI Card Group Announces Appointment of H. Sanford Riley as Independent Chair of Board of Directors
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
management
-
News
CPI Card Group Announces President and CEO Scott Scheirman Intends to Retire in 2024 Board to Implement CEO Succession Plan
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.95%
Tags
none
News
CPI Card Group® set to join Russell 3000® Index
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
none
Stock PMTS logo
CPI Card Group Inc

Nasdaq:PMTS

PMTS Rankings

#3745 Ranked by Market Cap
#3023 Ranked by Stock Gains
N/A Ranked by Dividends

PMTS Stock Data

205.33M
4.54M
6.35%
80.43%
0.78%
Computer Storage Device Manufacturing
Manufacturing
Link
US
Littleton

About PMTS

cpi card group is a single source global provider of payment solutions including card production, card personalization, mobile technologies and fulfillment services. our solid reputation of product consistency, quality, and outstanding customer service supports our position as a leader in the market. with over 20 years experience in the payments market and as a trusted partner to our customers, we continue to grow our business reaching card production volume in excess of 1.3 billion annually. we serve our customers from nine locations throughout the united states, canada and the united kingdom, and have the largest network of certified high security facilities in north america.