secwatch.observer — SEC 8-K summary
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Issuer:     CPI Card Group Inc. (PMTS)
CIK:        0001641614
Form:       8-K
Filed at:   2026-08-06T11:02:08+00:00
Accession:  0001641614-26-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPI Card Group Q2 revenue up 15% to $149M, net income up 294%, raises FY guidance
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- Revenue $149.2M (+15% YoY); net income $2.0M (+294%); Adjusted EBITDA $24.1M (+7%).
- Secure Card Solutions revenue $110.9M (+17%); Prepaid $22.6M (+18%); Integrated Paytech $20.1M (+4%).
- Record first-half operating cash flow $42.1M; net leverage ratio down to 2.7x; redeemed $26.5M of Senior Notes in July.
- Raised 2026 revenue growth guidance to high-single/low-double-digit (from high-single); free cash flow guidance to $45-50M (from $41M).
- Acquired TRISM, doubling instant issuance addressable market; Arroweye integration ahead of plan; IPT revenue growth guidance raised to ~20%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641614/000164161426000119/0001641614-26-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641614/000164161426000119/pmts-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001641614-26-000119

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