---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014324"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:23:06.190121+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group Q3 net sales +18% to $124.8M; Adj. EBITDA +18%; raises FY outlook

## Summary
- Net sales $124.8M (+18% YoY); Debit & Credit segment $99.8M (+19%), Prepaid $25.2M (+13%).
- Net income $1.3M (-66%) from $8.8M debt refinancing costs; Adj. EBITDA $25.1M (+18%).
- FY2024 outlook raised: net sales now mid-to-high single-digit growth; Adj. EBITDA low single-digit growth.
- Closed $285M 10% Senior Secured Notes due 2029 and $75M ABL; redeemed $268M 8.625% notes due 2026.
- Majority stockholder group sold 1.38M shares via secondary offering, reducing stake from 56% to 43%.

## SEC filing metadata
- accession: 0001558370-24-014324
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000155837024014324/0001558370-24-014324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837024014324/pmts-20241105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014324
- JSON: https://secwatch.observer/filing/0001558370-24-014324.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014324.txt

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