---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002454"
form_type: "8-K"
ticker: null
cik: "0000320340"
company_name: "CoreCard Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:01:52.033667+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-002454
- form_type: 8-K
- cik: 0000320340
- company_name: CoreCard Corp
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320340/000117184324002454/0001171843-24-002454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320340/000117184324002454/f8k_050124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002454
- JSON: https://secwatch.observer/filing/0001171843-24-002454.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002454.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/320340/000117184324002454/0001171843-24-002454-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.