CoreCard Q1 revenue $13.1M down 11% YoY; EPS $0.05 vs $0.15

CoreCard Corp

2024-Q1 EPS reported $0.05 revenue$13,076,000

Total revenue $13.1M vs $14.8M; processing & maintenance grew 13% to $6.15M.
Professional services fell to $5.83M from $8.34M, driven by largest customer.
Net income $0.4M ($0.05 diluted EPS) vs $1.3M ($0.15); adjusted EPS $0.07.
Adjusted EBITDA $1.7M vs $3.5M in prior-year quarter.
CEO said results in-line with expectations; continues onboarding new customers.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CoreCard Corp reported the quarter ended March 31, 2024 results: revenue $13.1 million, net income $0.4 million, EPS $0.05.

Period: the quarter ended March 31, 2024
Revenue: $13.1 million
Net income: $0.4 million
EPS: $0.05
Result: reported results

Exact text from the filing

Total revenues in the three-month period ended March 31, 2024, was $13.1 million compared to $14.8 million in the comparable period in 2023.

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Source: SEC EDGAR

accession 0001171843-24-002454

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