earnings
confidence high
sentiment positive
materiality 0.75
CPI Card Group Q3 net sales up 20% to $99.6M; net income $6.6M ($0.56 EPS)
CPI Card Group Inc.
2021-Q3 EPS reported
$1.30
revenue$281,913,000
- Net sales $99.6M (+20% YoY); net income $6.6M (+14% YoY); diluted EPS $0.56 vs $0.52.
- Adjusted EBITDA $21.5M (+23% YoY); gross margin 37.8% vs 37.0%.
- Debit & Credit segment net sales $76.1M (+21%); Prepaid Debit $23.5M (+14%).
- YTD net sales $281.9M (+24%); YTD net income $15.3M (+73% YoY) impacted by $7.6M debt extinguishment costs.
- Guidance: Q4 growth and margins expected to moderate due to labor/supply constraints, but still strong full year.