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Jun 30, 2021
CPI Card Group Q2 2021 Earnings Report
Achieved strong growth and profitability through successful execution of strategy.
Key Takeaways
CPI Card Group Inc. reported a strong second quarter with net sales increasing by 31% year-over-year to $93.2 million and net income increasing by 387% year-over-year to $6.2 million. The company's success was driven by onboarding new customers, including those in the FinTech space, and focusing on meeting customer needs with high-quality and differentiated products and solutions.
Net sales increased 31% year-over-year to $93.2 million.
Net income increased 387% year-over-year to $6.2 million.
Adjusted EBITDA increased 91% year-over-year to $19.3 million.
Gross profit increased 61% year-over-year to $37.1 million.
Revenue by Segment
Forward Guidance
The company did not provide forward guidance in this document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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