Highest-materiality recent filing
CPI Card Group Q2 revenue up 15% to $149M, net income up 294%, raises FY guidance
Revenue $149.2M (+15% YoY); net income $2.0M (+294%); Adjusted EBITDA $24.1M (+7%).
CPI Q1 revenue +20% to $147M, Adj. EBITDA +9%; affirms FY outlook
Revenue $147.1M (+20% YoY); net income $2.1M (-57%) due to $3M Arroweye integration costs.
CPI posts record Q4 revenue of $153M, up 22% YoY; guides high-single-digit revenue growth for 2026
Q4 revenue $153.1M (+22% YoY); net income $7.4M (+9%); Adjusted EBITDA $29.4M (+34%).
CPI Card Group CFO Jeffrey Hochstadt departs; Terra Grantham named Interim CFO
Jeffrey Hochstadt ceased as CFO effective Feb 13, 2026; will remain as advisor through June 30, 2026.
Tricor Family Office bought 1.9M shares (now ~20% ownership); Chairman Sandy Riley bought 0.2M shares.
Q3 net sales $138.0M (+11% YoY); net income $2.3M (+78%); diluted EPS $0.19.
CPI Card Group Q2 net sales up 9% to $129.8M; net income plunges 91% to $0.5M
Net sales $129.8M (+9% YoY, +15% ex one-time accounting change); Debit & Credit segment rose 16% led by Arroweye and metal cards.
CPI Card Group acquires Arroweye for $45.55M; Q1 net sales up 10% to $122.8M, net income down 12%
Acquired Arroweye Solutions for $45.55M cash; Arroweye expected to generate mid-$50M annual revenue in 2025.
Q4 net sales $125.1M (+22% YoY); net income $6.8M (+148%); diluted EPS $0.57.
CPI Card Group Q3 net sales +18% to $124.8M; Adj. EBITDA +18%; raises FY outlook
Net sales $124.8M (+18% YoY); Debit & Credit segment $99.8M (+19%), Prepaid $25.2M (+13%).
CPI Card Group Q2 net sales up 3% to $119M; raises FY net sales outlook to mid-single digit growth
Q2 net sales $118.8M (+3% YoY), net income $6.0M (-8%), adj. EBITDA $21.9M (-6%).
CPI completes $285M private offering of 10.000% senior secured notes due 2029
Issued $285M in 10.000% senior secured notes due July 15, 2029 by subsidiary CPI CG Inc.
CPI Card Group subsidiary launches $285M senior secured notes offering to refinance 2026 notes
CPI CG Inc. commenced private offering of $285M senior secured notes due 2029, subject to market conditions.
CPI Card Group Q1: net sales -7% to $111.9M, net income -50% to $5.5M, adj EBITDA -8% to $23M
Net sales $111.9M (-7% YoY); Debit & Credit down 14% to $88M, Prepaid up 26% to $24.2M.
CPI Card Group Q4 net sales down 19% YoY, net income down 78%; FY2024 outlook slight growth
Q4 net sales $102.9M (-19% YoY); net income $2.7M (-78%); adjusted EBITDA $19.9M (-27%).
CPI Card Group names John Lowe as President and CEO, succeeding retiring Scott Scheirman
John Lowe appointed President & CEO effective Jan 25, 2024; succeeds Scott Scheirman who retires but stays as Senior Advisor through Feb 28.
CPI Card Group Q3 net sales down 15% to $105.9M; cuts full-year outlook
Q3 net sales $105.9M (-15% YoY); net income $3.9M ($0.33 diluted EPS) -68% YoY.
CPI Card Group Q2 net income +6% to $6.5M; lowers sales growth outlook on soft demand
Q2 net sales $115M (+1% YoY); net income $6.5M (+6%); Adjusted EBITDA $23.3M (+18%).
CPI Card Group CEO Scott Scheirman to retire by Feb 28, 2024; board chairman resigns
CEO Scheirman to retire on Feb 28, 2024; will remain until successor named; board expects new CEO late 2023/early 2024.
Net sales $120.9M (+8% YoY); net income $10.9M ($0.91 diluted EPS) up 81%.
Q4 net sales $126.4M (+36% YoY); net income $12.5M (+1,754%); Adj EBITDA $27.2M (+100%).
CPI Card Group Q3 net sales up 25% to $124.6M; raises 2022 outlook
Net income up 80% to $11.9M ($1.01 diluted EPS); Adjusted EBITDA up 32% to $28.3M.
CPI Card Group Q2 sales up 22% to record $113M; raises full-year outlook
Net sales $113.3M (+22% YoY); net income $6.2M (-1%); Adj. EBITDA $19.7M (+2%).
CPI Card Group Q1 sales up 25% to $111.4M, net income up 149%; raises 2022 outlook
Net sales $111.4M (+25% YoY); net income $6.0M (+149%), diluted EPS $0.51.
Full year net sales $375.1M (+20% YoY), net income $15.9M (-1%), EPS $1.36; Adj EBITDA $76.4M (+33%).
CPI Card Group Q3 net sales up 20% to $99.6M; net income $6.6M ($0.56 EPS)
Net sales $99.6M (+20% YoY); net income $6.6M (+14% YoY); diluted EPS $0.56 vs $0.52.
CPI Card Group Q2 net sales $93.2M (+31% YoY), net income $6.2M (+387%), Adj. EBITDA $19.3M (+91%)
Debit & Credit segment net sales $72.9M (+25% YoY); Prepaid Debit $20.4M (+51% YoY).
CPI Card Group SVP and GM of Secure Card Guy DiMaggio to depart
Guy DiMaggio ceases as SVP and General Manager, Secure Card, effective August 5, 2021.
CPI Card Group common stock to list on Nasdaq Global Market on Aug 5, 2021
Common stock to trade on Nasdaq Global Market under ticker "PMTS" effective August 5, 2021.
On June 29, 2026 (the “Appointment Date”), the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) appointed Terra Grantham as the Company’s Chief Financial Officer, effective as of the same date.
Mr. Scheirman will resign and step down from the Board, effective January 25, 2024.
On January 24, 2024, the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) appointed John Lowe, who currently serves as Executive Vice President, End-to-End Payment Solutions, as President and Chief Executive Officer of the Company, effective January 25, 2024.
the Board appointed Mr. Lowe to serve on the Board, effective January 25, 2024.
Mr. Scheirman will end his service as President and Chief Executive Officer on January 25, 2024
On November 1, 2023, the Board of Directors (the “Board”) of the Company appointed Ravi Mallela to serve on the Board of Directors effective November 15, 2023 to fill the current vacancy on the Board.
On May 31, 2023, Scott Scheirman, the Company’s President and Chief Executive Officer, notified the Company of his intent to retire from the Company in order to have more time for family.
On March 22, 2023, Robert Pearce submitted his resignation from the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) to the Chair of the Board, effective as of that date.
On March 7, 2023, Amintore Schenkel informed the Company that he will be resigning from his position as Chief Financial Officer of the Company due to family-related reasons.
On March 30, 2022, the Board of Directors of CPI Card Group Inc. (“CPI” or the “Company”) appointed Donna Abbey as the Company’s Controller and Chief Accounting Officer (“CAO”), effective March 31, 2022.
On January 17, 2022, Kevin O’Brien informed the Company that he will be resigning from his position as Chief Accounting Officer of the Company.
the appointment of Amintore Schenkel to succeed Mr. Lowe as CFO.
Max materiality 0.80 · Median 0.62 · Most common event earnings