Fourth Quarter Net Sales Increased 22% to $125 Million; Net Income Increased 148% to $7 Million; Adjusted EBITDA Increased 10% to $22 Million Full Year Net Sales Increased 8% to $481 Million; Prepaid Debit Net Sales Increased 26% and Exceeded $100 Million Outlook for 2025 Projects Mid-to-high Single-digit Net Sales and Adjusted EBITDA Growth CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company providing a comprehensive range of payment cards and related digital solutions, today reported financial results for the fourth quarter and full year ended December 31, 2024 and provided its financial outlook for 2025. Fourth quarter net sales increased 22% to

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of payment cards and related digital solutions, today announced it will host a webcast and conference call on Tuesday, March 4, 2025 at 9:00 a.m. Eastern Time (ET) to discuss its fourth quarter 2024 financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the fourth quarter will be released before the market opens on March 4, 2025. The press release and a slide presentation to accompany the earnings conference call will be available on the CPI Card Group invest

Net Sales Increased 18% to $125 Million and Full Year Sales Outlook Increased Growth Across Portfolio, Led by Strong Sales of Debit and Credit Cards Net Income Decreased 66% to $1 Million, Impacted by Debt Refinancing Costs; Adjusted EBITDA Increased 18% to $25 Million Full Year Adjusted EBITDA and Free Cash Flow Outlooks Increased CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company providing a comprehensive range of payment card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the third quarter ended September 30, 2024 and updated its financial outlook for 2024. Third quarter net s

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of credit, debit, and prepaid card solutions, fraud tools, and digital solutions, including Software-as-a-Service-based instant issuance, today announced it will host a webcast and conference call on Tuesday, November 5, 2024 at 9:00 a.m. Eastern Time (ET) to discuss its third quarter financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the third quarter will be released before the market opens on November 5, 2024. The press release and a slide presentation

Incorporating advanced chips will expand payment card design options and reduce environmental impacts CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or "the Company"), a payments technology company providing a comprehensive range of credit, debit, and prepaid card solutions, fraud tools, and digital solutions including Software-as-a-Service-based instant issuance, is ready to produce the latest advancement in pay technology with a new contactless card build featuring Infineon's SECORA Pay Green. CPI began manufacturing sample cards in September and is ready with inventory in-house to work with issuers on pilots of this innovative technology. Launched today, this All-in-One technology with an in

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance, today announced the pricing of a registered underwritten secondary public offering of 1,200,000 shares of the Company's common stock to be sold by certain stockholders affiliated with Parallel49 Equity (the "selling stockholders"), at a public offering price of $21.00 per share. The underwriters were also granted a 30-day option to purchase up to an additional 180,000 shares of common stock from the selling stockholders at the public offering price, less the under

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance, today announced that certain stockholders affiliated with Parallel49 Equity (the "selling stockholders") have commenced an underwritten secondary public offering of 1,000,000 shares of the Company's common stock. In addition, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 150,000 shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the of

Rippleshot's AI-based platform helps financial institutions proactively prevent payment card fraud CPI Card Group Inc. (NASDAQ:PMTS), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is excited to announce a strategic relationship with Rippleshot to provide its fraud prevention services to CPI customers. An award-winning fraud prevention platform, Rippleshot leverages artificial intelligence (AI), machine learning (ML) automation and predictive analytics to detect and prevent credit and debit card fraud. With the addition of Rippleshot, CPI customers can more effective

CYPRIS™ structural color ink sets new eco-friendly standard in card printing CPI Card Group Inc. (NASDAQ:PMTS), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, and Cypris Materials Inc., a structural color technology company, have been recognized in the 2024 Business Intelligence Group (BIG) Sustainability Awards. CPI received the group's Sustainability Initiative of the Year Award for its use of CYPRIS structural color ink, a bio-inspired ink solution. This ink captures the vibrant colors designed by Mother Nature, previously unavailable to the printing industry. U

Net Sales Increased 3% to $119 Million; Net Income Decreased 8% to $6 Million; Adjusted EBITDA Decreased 6% to $22 Million Debit and Credit and Prepaid Debit Segments Each Deliver Growth; Card Sales Trends Continue to Improve Company Increases Full Year Net Sales Outlook to Mid-single Digit Growth CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the second quarter ended June 30, 2024 and updated its financial outlook for 2024. In the second quarter net sales increased 3% to

DA Davidson initiated coverage of CPI Card Group with a rating of Buy and set a new price target of $36.00

ROTH MKM initiated coverage of CPI Card Group with a rating of Buy and set a new price target of $40.00

B. Riley Securities initiated coverage of CPI Card Group with a rating of Buy and set a new price target of $31.00

Lake Street initiated coverage of CPI Card Group with a rating of Buy and set a new price target of $26.00

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CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced John Lowe has been named its new President and Chief Executive Officer and appointed to the Company's Board of Directors, effective immediately. Lowe succeeds outgoing President and Chief Executive Officer Scott Scheirman, who had previously announced his intention to retire in early 2024. Lowe has been with CPI Card Group since 2018, most recently as Executive Vice President, End-to-End Payment Solutions since late 2022. In this role he was responsible for a significant majority of the Company's revenues and operations. He p

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Ravi Mallela has been appointed to its Board of Directors as an independent member, effective November 15, 2023. Mallela currently serves as the Chief Financial Officer of NMI Holdings Inc. (NASDAQ:NMIH), a publicly-traded mortgage insurance company. Previously, Mr. Mallela served as Executive Vice President and Chief Financial Officer of First Hawaiian Group and First Hawaiian Bank from 2018 until 2022 and Senior Vice President, Head of Finance and Treasury of First Republic Bank from 2013 to 2018. He holds an MBA from

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that H. Sanford Riley has been appointed Independent Chair of its Board of Directors. Riley, President and CEO of Richardson Financial Group Limited, joined the CPI Board in May. He has served in his current role at Richardson, a specialized financial services company, since 2003 and was previously President and CEO and Chairman of Investor Group, Inc., Canada's largest mutual fund company. Riley is also a member of the board of directors of Molson Coors and RF Capital Group Inc., and previously served on the boards of Canadi

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Scott Scheirman has informed the Board of Directors of his intention to retire as President and Chief Executive Officer. Scheirman will continue to serve as President and Chief Executive Officer until a successor is named and intends to retire from the Company effective February 28, 2024, providing ample time for the selection of a successor and a smooth transition of leadership. CPI's Board of Directors has a succession plan in place to identify and evaluate candidates and expects to name a new CEO in late 2023 or early

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company") a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Amintore Schenkel has joined the Company as Chief Financial Officer. Prior to leading his own consulting business, Schenkel served as Senior Vice President, Chief Accounting Officer and Controller of Western Union from 2006 to 2020. He also held a variety of financial roles at First Data Corporation from 2001 to 2006 and was with Ernst & Young for 12 years. He holds Bachelor of Science in Accounting and Master of Accountancy degrees from the University of Denver and is a Certified Public Accountant in the State of Colorado.

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of payment cards and related digital solutions, today announced it will host a webcast and conference call on Tuesday, March 4, 2025 at 9:00 a.m. Eastern Time (ET) to discuss its fourth quarter 2024 financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the fourth quarter will be released before the market opens on March 4, 2025. The press release and a slide presentation to accompany the earnings conference call will be available on the CPI Card Group invest

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of credit, debit, and prepaid card solutions, fraud tools, and digital solutions, including Software-as-a-Service-based instant issuance, today announced it will host a webcast and conference call on Tuesday, November 5, 2024 at 9:00 a.m. Eastern Time (ET) to discuss its third quarter financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the third quarter will be released before the market opens on November 5, 2024. The press release and a slide presentation

Net Sales Increased 3% to $119 Million; Net Income Decreased 8% to $6 Million; Adjusted EBITDA Decreased 6% to $22 Million Debit and Credit and Prepaid Debit Segments Each Deliver Growth; Card Sales Trends Continue to Improve Company Increases Full Year Net Sales Outlook to Mid-single Digit Growth CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the second quarter ended June 30, 2024 and updated its financial outlook for 2024. In the second quarter net sales increased 3% to

Company also announces it will participate in the KeyBanc Technology Leadership Forum on August 6, 2024 CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today announced it will host a webcast and conference call on Monday August 5, 2024 at 4:30 p.m. Eastern Time (ET) to discuss its second quarter financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. The Company also announced that it will be participating in the KeyBanc Technology

Net Sales Decreased 7% to $112 Million; Net Income Decreased 50% to $5 Million; Adjusted EBITDA Decreased 8% to $23 Million Net Sales, Net Income, and Adjusted EBITDA Increased from Fourth Quarter Levels Company Continues to Anticipate Gradual Market Recovery in 2024; Affirms Full Year Net Sales and Adjusted EBITDA Outlook CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the first quarter ended March 31, 2024 and updated its financial outlook for 2024. As anticipated, first

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today announced it will host a webcast and conference call on Tuesday, May 7, 2024 at 9:00 a.m. Eastern Time (ET) to discuss its first quarter financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the first quarter will be released before the markets open on May 7, 2024. The press release and a slide presentation to accompany the earnings confere

Fourth Quarter Sales Affected by Cautious Customer Spending as Expected; Fourth Quarter Net Sales Decreased 19%; Net Income Decreased 78%; Adjusted EBITDA Decreased 27% Full Year Net Sales Decreased 7% to $445 Million; Net Income Decreased 34% to $24 Million; Adjusted EBITDA Decreased 8% to $89 Million Company Anticipates Gradual Market Recovery in 2024; Financial Outlook Projects Company to Return to Sales Growth for Full Year CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI Card Group"), a payment technologies company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today announced it will host a webcast and conference call on Thursday March 7, 2024 at 9:00 a.m. Eastern Time (ET) to discuss its fourth quarter and full year 2023 financial results. Participating on the call will be President and Chief Executive Officer John Lowe and Chief Financial Officer Jeff Hochstadt. CPI Card Group's financial results for the fourth quarter will be released before the markets open on March 7, 2024. The press release and a slide presentation to acco

Third Quarter Net Sales Decreased 15% to $106 Million; Net Income Decreased 68% to $4 Million; Adjusted EBITDA Decreased 25% to $21 Million First Nine Months Net Sales Decreased 2%; Net Income Decreased 12%; Adjusted EBITDA Decreased 1% Company Updates 2023 Outlook; Announces $20 Million Share Repurchase Authorization CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the third quarter ended September 30, 2023 and updated its financial outlook for 2023. As anticipated, third quarter sales and earnings declined compared to prior year levels, with ne

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-End Payment Solutions, John Lowe. CPI Card Group's financial results for the third quarter will be released before the markets open on November 7, 2023. The press release and a slide presentation to accompany the earnings conference c

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