earnings
confidence high
sentiment neutral
materiality 0.75
CompoSecure Q3 net sales $107.1M (+11% YoY); GAAP net loss $85.5M; adjusted EBITDA $40.0M; FY guidance revised lower
GPGI, Inc.
2024-Q3 EPS reported
-$0.58
revenue$319,712,000
- Q3 2024 net sales $107.1M, up 11% YoY; GAAP net loss $85.5M from stock price impact on non-cash items.
- Adjusted net income $25.6M (+18% YoY); adjusted EBITDA $40.0M (+13% YoY).
- Revised FY2024 guidance: net sales $418-424M (from $418-428M); Adj. EBITDA $148-151M (from $150-157M).
- Resolute Holdings completed acquisition of ~60% majority; new Chairman Dave Cote and board members appointed.
- Signed two-year contract extension with Capital One; $51.4M of notes exchanged for 5.4M shares.