CPI Card Group

CPI Card Group, Inc. engages in the provision of financial payment card solutions. It operates through the following business segments: U.S. Debit and Credit, U.S. Prepaid Debit, and Other. The U.S. Debit and Credit segment produces Financial Payment Cards and provides integrated card services to card-issuing banks in the U.S. The U.S. Prepaid Debit segment provides integrated card services to Prepaid Debit Card program managers in the U.S. The Other segment consists of corporate expenses and less significant operations that generated sales from the production of Financial Payment, retail gift, card personalization, and fulfillment services in Canada. The company was founded in June 2007 and is headquartered in Littleton, CO.

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Earnings data Q4 2024

CPI Card Group achieves record sales in 2022, eyes growth

CPI Card Group delivered strong financial results in Q4 2022 and full-year 2022, driven by revenue growth, improved EBITDA, and strategic initiatives to enhance financial stability.
The company's focus on innovation, customer service, and market growth positions it well for future success, despite potential challenges in a competitive landscape.
With a positive outlook for 2023, CPI Card Group aims to continue executing growth strategies, reducing leverage, and navigating market dynamics to sustain its momentum.

CPI Card Group posts strong Q1 earnings amidst banking industry challenges

CPI Card Group delivered robust Q1 results, showcasing growth in sales, EBITDA, and net income. Despite challenges in the banking sector, the company remains optimistic about its outlook for the year. With a new CFO onboard and a focus on strategic priorities, CPI Card Group is poised for continued success.

CPI Card Group reports Q2 growth, navigates challenges, eyes opportunities

CPI Card Group's Q2 performance reflects steady revenue growth and enhanced profitability through efficient cost management.
While facing short-term challenges in customer demand and leadership transition, the company maintains a positive long-term outlook.
Opportunities lie in market adaptability, sustained financial performance, and strategic leadership changes to drive future growth.

CPI Card Group faces sales decline in Q3 2023 earnings

CPI Card Group's Q3 2023 performance reflected a sales decline, prompting a cautious outlook for the full year amidst market challenges.
Despite the setbacks, the company's strategic strengths include a share repurchase program, focus on card issuance trends, and a positive long-term outlook.
Navigating challenges such as market dynamics and declining card volumes, CPI Card Group aims to seize opportunities for growth and enhance shareholder value.

CPI Card Group anticipates growth in 2024 amid strategic initiatives

CPI Card Group navigated challenges in 2023 but saw improved free cash flow and strategic initiatives.
The company's focus on eco-friendly solutions and expansion plans position it for long-term growth.
Expectations for 2024 include slight sales growth, increased EBITDA, and a rebound year for the business.
Overall, CPI Card Group aims to capitalize on opportunities in digital payments and sustainable solutions.

CPI Card Group adapts to market shifts, eyes growth opportunities

CPI Card Group navigated challenges in Q1 2024 with a decline in net sales and income but showcased strengths in strategic expansion into digital solutions and customer-centric innovation. Despite lower free cash flow projections, the company remains optimistic about gradual market growth and share gains, affirming its full-year outlook.

CPI Card Group reports Q2 sales growth, eyes digital expansion

CPI Card Group's Q2 performance showed sales growth driven by key segments, though net income and adjusted EBITDA declined. The company's focus on enhancing capital structure and expanding into digital solutions positions it for future growth.
Challenges include increased SG&A expenses and lower free cash flow, impacting financial metrics. However, opportunities lie in the updated full-year outlook and the growth potential of the Card@Once solution.

CPI Card Group excels in Q3, poised for growth and innovation

CPI Card Group's Q3 performance reflects robust sales growth, improved margins, and strategic financial maneuvers, setting a positive trajectory for future success.
The company's strengths in innovation, customer focus, and technological advancements position it well for capitalizing on market opportunities and staying competitive.
While facing challenges in a dynamic industry landscape, CPI Card Group can leverage its strengths to address opportunities and drive sustained growth and profitability.

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That's two-in-a-row days of better than 10% gains for the credit card maker.

Why CPI Card Group Stock Jumped Another 13% Today

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it has provided written notice to the Toronto Stock Exchange (the “TSX”) regarding the voluntary delisting of its common stock from the TSX. The Company believes that the trading volume of its stock on the TSX no longer justifies the expense and administrative efforts associated w

CPI Card Group Voluntarily De-Listing from Toronto Stock Exchange

CPI Card Group Inc. (PMTS) CEO Scott Scheirman on Q2 2021 Results - Earnings Call Transcript

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (“CPI” or the “Company”) today reported financial results for the second quarter and first half ended June 30, 2021. “Our strong second quarter and first half results reflect the continued successful execution of our strategy, as demonstrated by on-boarding new customers, including in the growing FinTech space,” said Scott Scheirman, President and Chief Executive Officer of CPI. “Our focus on meeting our customers'

CPI Card Group Inc. Reports Second Quarter and First Half 2021 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. to Release Second Quarter and First Half 2021 Results on August 12, 2021

CPI Card Group Inc. to Release Second Quarter and First Half 2021 Results on August 12, 2021

Beginning tomorrow, CPI shares will trade on the Nasdaq.

Why CPI Card Group Stock Just Soared 16%

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group's Common Stock to Trade on Nasdaq.

CPI Card Group's Common Stock to Trade on Nasdaq

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it was named a Gold Stevie® Award winner in the 19th Annual American Business Awards®. The Company's Earthwise™ High Content Card received the highest honors awarded in the Product & Service – Business-to-Business Products Category. The American Business Awards are the U.S.A.'s

CPI Card Group's Earthwise™ High Content Payment Card Wins Gold Stevie® Award in 2021 American Business Awards®

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Announces Results of Annual Meeting; Welcomes Tom Furey as Director

CPI Card Group Announces Results of Annual Meeting; Welcomes Tom Furey as Director

PMTS could still appreciate by >3x from current ~$17 to >$50. Fintechs/challenger banks are increasing usage of credit/debit cards and not posing secular threats.

CPI Card Group Is A Deep Value Stock Close To Rerating Higher

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Reports First Quarter 2021 Results

CPI Card Group Inc. Reports First Quarter 2021 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. to Release First Quarter 2021 Results on May 11, 2021

CPI Card Group Inc. to Release First Quarter 2021 Results on May 11, 2021

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced the availability of an option for Second Wave® cards for instant issuance. The EMV® and dual interface contactless capable blank white card stock, which features a core made with recovered ocean-bound plastic, allows financial institutions to seamlessly print and issue full image cards made

CPI Card Group® Introduces Second Wave® Cards for Instant Issuance

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today marked Earth Day by announcing a collaboration with Payactiv, the leader in Earned Wage Access (EWA) and a Certified B-Corp, to produce Earthwise™ High Content Cards for the Payactiv Visa® Card* programs. The Earthwise™ High Content Card, which is made with up to 98 percent upcycled plastic, depe

In Celebration of Earth Day, Payactiv to Offer Users Earthwise™ High Content Payment Cards from CPI Card Group®

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Unifimoney, the premium digital banking service, will offer Second Wave® cards for its new Unifi Premier credit card. Through Second Wave®, Unifimoney's clientele of young professionals will now have access to an EMV® compliant and dual interface capable payment card that features

Unifimoney Launches Credit Card Program with Second Wave® Cards from CPI Card Group®

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today launched the Earthwise™ Recycled PVC Card. The new card features up to 85 percent upcycled PVC, dependent on design, and is the third eco-focused payment card option to join CPI's growing portfolio of products made with upcycled materials. The Earthwise™ Recycled PVC Card (rPVC) provides a new al

CPI Card Group® Grows Eco-Focused Payment Card Portfolio with New Recycled PVC Card

CPI Card Group Inc. refinanced its 2022 debt maturities and is trading at approximately 6x our 2021 cash earnings estimate, which we expect to grow in the future. PMTS outperformed our expectations since our report on 1/08/21, and we now believe PMTS could earn $2.80 cash EPS in 2021. A 20x cash EPS multiple implies stock above $50.

CPI Card Group: From Distressed To Levered Growth Company

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Announces Closing of Private Offering of $310 Million of Senior Secured Notes and Entry into $50 Million ABL Revolver

CPI Card Group Inc. Announces Closing of Private Offering of $310 Million of Senior Secured Notes and Entry into $50 Million ABL Revolver

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Announces Pricing of Private Offering of $310 Million of Senior Secured Notes

CPI Card Group Inc. Announces Pricing of Private Offering of $310 Million of Senior Secured Notes

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Announces Proposed Private Offering of $310 Million of Senior Secured Notes

CPI Card Group Inc. Announces Proposed Private Offering of $310 Million of Senior Secured Notes

LITTLETON, CO.--(BUSINESS WIRE)--PMTS Q4 2020 Earnings Release

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2020 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it has delivered over 25 million of its Second Wave® payment cards since its launch in 2019. Second Wave®, a Gold Stevie® Award winner, is available to financial payment card issuers and markets including transit, hospitality, entertainment and more. The EMV® compliant and dual int

CPI Card Group® Reaches Milestone of Delivering 25+ Million Contactless Second Wave® Cards

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, recently became a licensee for the new ICMA EcoLabel Standard Program created by the International Card Manufacturers Association (ICMA), a global trade association for card manufacturers, personalizers, issuers and suppliers. CPI is the first company to become a licensee for the program, which recogni

CPI Card Group® Becomes the First Licensee in the ICMA EcoLabel Standard Program

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced recognitions the Company received from the International Card Manufacturers Association's (ICMA) 2020 Élan Awards of Excellence. The awards celebrate the pinnacle of design innovation, security and technical achievements in the global card industry. CPI® was named winner in the Best Per

CPI Card Group® Earns Multiple Recognitions at the ICMA's Élan Awards

We believe once the market realizes PMTS can refinance its 2022 debt maturities, the stock will trade on a multiple of earnings, rerating it above $20 per share. COVID-19 is driving adoption of contactless cards, also known as dual interface, which carries higher average selling prices that will continue to increase PMTS's revenue and cash flow.

News for CPI Card Group Stock (PMTS)