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 Q1 2024

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Earnings data Q3 2024

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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LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the second quarter ended June 30, 2022 and updated its financial outlook for 2022. Second quarter net sales increased 22% to $113.3 million, another record sales quarter for the Company. Growth was led by the Debit and Credit segment, which benefited from strong customer dem

CPI Card Group Inc. Reports Second Quarter 2022 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Announces Q2 Earnings Release Date.

CPI Card Group Inc. to Release Second Quarter Results on August 8, 2022

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Automated Systems, Inc. (“ASI”), a provider of core data processing and teller management solutions to community banks, has successfully integrated Card@Once® with its core system, Insite™. ASI is a community banking partner that provides banking software and support to 130 clients across th

CPI Card Group® Connects ASI's Network of Community Banks to Card@Once® Instant Issuance

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that CPI Second Wave and Earthwise rPVC, containing upcycled plastic have earned sustainable card badges from Mastercard's sustainable card program. The program, which is designed to make sustainable card choices the preferred option for all financial institutions, independently assesses, evaluat

Eco-Focused Cards from CPI Card Group® Earn Card Eco Certification

CPI Card Group Inc. (NASDAQ:PMTS ) Q1 2022 Results Conference Call May 5, 2022 9:00 AM ET Company Participants Mike Salop - Head of Investor Relations Scott Scheirman - President and Chief Executive Officer Amintore Schenkel - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Kartik Mehta - Northcoast Research Operator Welcome to CPI Card Group's First Quarter 2021 Earnings Call. My name is Charlotte, and I will be your operator today.

CPI Card Group Inc. (PMTS) CEO Scott Scheirman on Q1 2022 Results - Earnings Call Transcript

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the first quarter ended March 31, 2022 and updated its financial outlook for 2022. First quarter net sales increased 25% to $111.4 million, a record sales quarter for the Company since it became public in 2015. Growth was led by the Debit and Credit segment, which benefitted

CPI Card Group Inc. Reports First Quarter 2022 Results

FB Financial

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that FirstBank, a wholly owned subsidiary of FB Financial Corporation (NYSE: FBK) and the third largest Tennessee-headquartered bank, has successfully implemented Card@Once® in select branches across its network. FirstBank, which has 82 full-service bank branches and approximately $12.6 billion i

FirstBank Taps CPI Card Group® for Card@Once® Instant Issuance Solution

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI Card Group”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Thursday, May 5, 2022 at 9:00 a.m. Eastern Time (ET) to discuss its first quarter financial results. Participating on the call will be President and Chief Executive Officer Scott Scheirman and Chief Financial Officer Amintore Schenkel. CPI Card Group's fina

CPI Card Group Inc. to Release First Quarter Results on May 5, 2022

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, and Member Access Processing (MAP), the nation's leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform, today announced a collaboration to provide MAP customers access to CPI's Card@Once® instant issuance solution. Card@Once, the first instant issuance solution to be backed

CPI Card Group® and Member Access Processing Bring Instant Issuance to Credit Unions

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today unveiled its Push Provisioning service. This new dynamic solution facilitates the tokenization of a Mastercard® debit and credit card through in-app provisioning to a large network of mobile wallets including Apple Pay®, Google Pay™, Samsung Pay® and Click to Pay. Issuers are recognizing the importance for

CPI Card Group® Launches Push Provisioning Service

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it will participate in the 34th Annual Roth Investor Conference in Dana Point, CA, on March 15, 2022. John Lowe, SVP and General Manager, Secure Card, and Mike Salop, Head of Investor Relations, are scheduled to host investor meetings during the event. About CPI Card Group Inc. CPI Card Grou

CPI Card Group to Participate in the 34th Annual Roth Conference

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it has sold over 50 million of its eco-focused payment cards. This significant milestone for its Earth Elements™ portfolio showcases the momentum that started with the launch of CPI's Second Wave® payment card in 2019, followed by the introductions of the Earthwise™ recycled PET-G Card and E

CPI Card Group® Crosses 50 Million Mark for Eco-Focused Payment Cards Sold

CPI Card Group Inc. (PMTS) CEO Scott Scheirman on Q4 2021 Results - Earnings Call Transcript

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the fourth quarter and full year ended December 31, 2021. Full year net sales increased 20% to $375.1 million, with strong growth from both the Debit and Credit and Prepaid Debit segments. Performance was strong across the Company's portfolio, with notable growth from secure

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2021 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI Card Group”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Tuesday, March 8, 2022 at 9:00 a.m. Eastern Time (ET) to discuss its fourth quarter and full year financial results. Participating on the call will be CPI Card Group President and Chief Executive Officer, Scott Scheirman, and Chief Financial Officer, Aminto

CPI Card Group Inc. to Release Fourth Quarter and Full Year Results on March 8, 2022

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today highlighted receiving honors as a winner during the International Card Manufacturers Association's (ICMA) 2021 Élan Awards of Excellence. The annual awards celebrate the pinnacle of design innovation, security and technical achievements in the global card industry. CPI was named a winner in the “Environmen

CPI Card Group®'s Eco-Focused Card Recognized at the ICMA's Élan Awards

PMTS should appreciate above $75 per share in the next 12-18 months based on the market realizing the company's earnings power is greater than $5 per share.

CPI Card Group: Deep Value With Strong Expected Growth In 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--In conjunction with National Recycling Day, recognized on Nov. 15, PSCU – the nation's premier payments credit union service organization (CUSO) – has announced it is collaborating with CPI Card Group Inc. (Nasdaq: PMTS) to offer cards that reduce first-use plastic by incorporating recycled plastic into the card body. According to a CPI survey conducted by an independent research firm, 91% of debit and credit cardholders indicate they are concerned about p

PSCU Collaborates with CPI Card Group to Reduce Plastic Waste

CPI Card Group Inc. (PMTS) CEO Scott Scheirman on Q3 2021 Results - Earnings Call Transcript

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the third quarter and nine months ended September 30, 2021. “We continued to deliver strong performance in the third quarter, as we maintain our focus on providing high quality products and services that meet the needs of our diverse and growing customer base,” said Scott Sc

CPI Card Group Inc. Reports Third Quarter 2021 Results

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI Card Group”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Friday, November 5, 2021 at 9:00 a.m. Eastern Time (ET) to discuss its third quarter financial results. Participating on the call will be CPI Card Group President and Chief Executive Officer, Scott Scheirman, and Chief Financial Officer, Amintore Schenkel.

CPI Card Group Inc. to Release Third Quarter Results on November 5, 2021

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”) a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that Amintore Schenkel has joined the Company as Chief Financial Officer. Prior to leading his own consulting business, Schenkel served as Senior Vice President, Chief Accounting Officer and Controller of Western Union from 2006 to 2020. He also held a variety of financial roles at First Data Corp

CPI Card Group Inc. Announces Leadership Transition; Amintore Schenkel Appointed CFO

CPI is cashing in on an impressive stock price run -- and insiders are cashing out.

Why CPI Card Group Stock Dropped 12% Today

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LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it will participate in the Lake Street Capital Markets Best Ideas Growth Conference on September 14, 2021. John Lowe, Chief Financial Officer, is scheduled to host virtual 1x1 investor meetings during the event. About CPI Card Group Inc. CPI Card Group® is a payment technology company and le

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