CoreCard delivered $17.6M in revenue and $2.0M in net income for Q2 2025. Growth in processing and professional services revenue drove a significant increase in adjusted EBITDA and earnings per share.
CoreCard Corporation reported a 22% increase in total revenue for the three-month period ended December 31, 2024, reaching $14.8 million. Net income for the quarter was $1.9 million, and earnings per diluted share was $0.24. The company reaffirms its FY2025 revenue guidance between $60 million and $64 million and EPS between $0.88 and $0.94.
CoreCard Corporation reported a strong third quarter with a 17% increase in total revenue, reaching $15.7 million. The company's net income improved significantly to $2.2 million, and earnings per share reached $0.27. The results reflect growth in processing and maintenance revenue, higher professional services revenue, and license revenue.
CoreCard Corporation reported total revenues of $13.8 million for the second quarter of 2024, compared to $15.7 million in the comparable period in 2023. Net income for the quarter was $0.9 million, or $0.11 per diluted share, compared to $1.9 million, or $0.22 per diluted share, in the prior year quarter. Adjusted earnings per diluted share was $0.15 compared to $0.23 in the prior year quarter.
CoreCard reported first quarter revenue of $13.1 million, aligning with expectations. The company saw growth in processing and maintenance revenue, which was offset by lower professional services revenue. Net income was $0.4 million, with earnings per diluted share at $0.05.
CoreCard Corporation reported a decrease in total revenue for Q4 2023, with $12.2 million, a 23% decrease compared to the same period in 2022. The decrease was offset by an 8% increase in processing and maintenance revenue. Net income was $0.5 million, and earnings per diluted share were $0.06.
CoreCard Corporation reported total revenues of $13.4 million for the third quarter, which was in line with expectations. The growth in processing and maintenance revenue was offset by lower professional services revenue. The company experienced a net loss of $0.2 million, with a loss per diluted share of $0.03.
CoreCard Corporation reported a total revenue of $15.7 million for Q2 2023, aligning with expectations. The company experienced a 26% growth in processing and maintenance revenue, which was partially offset by declines in professional services and third-party revenues. A new license tier was achieved, contributing $1.8 million in license revenue.
CoreCard's first quarter 2023 results showed a decrease in total revenue compared to the previous year, primarily due to the lack of license revenue in the current quarter compared to a strong prior year quarter. However, services revenue increased driven by growth in professional services and processing and maintenance revenue.
CoreCard Corporation reported a 21% increase in total revenue for the three-month period ended December 31, 2022, reaching $15.8 million. Net income for the quarter was $1.0 million, with earnings per diluted share at $0.12 and adjusted earnings per diluted share at $0.24.
CoreCard Corporation reported a strong third quarter with total revenue of $14.5 million. The company's performance was driven by a 52% growth in processing and maintenance revenue and a 13% growth in professional services revenue. As a result of the solid performance during the first nine months of 2022, the company is confident in topline growth expectations of at least 40% for fiscal 2022.
CoreCard Corporation reported a total revenue of $15.2 million for Q2 2022, in line with expectations. The company achieved a new license tier resulting in $1.8 million of license revenue. Due to solid performance during the first half of 2022, the company is confident in top-line growth expectations of at least 30% for fiscal 2022.
CoreCard Corporation reported a strong first quarter in 2022, with total net revenue reaching $24.3 million, exceeding expectations. This growth was propelled by a substantial increase in license revenue, along with notable growth in professional services and processing and maintenance revenue. The company is raising its topline growth expectations to a range of 25% to 30% for fiscal 2022.
CoreCard Corporation reported a 36% increase in total revenue for the three-month period ended December 31, 2021, and a 34% increase for the full fiscal year 2021. Income from operations and net income also increased for both the quarter and the full year. The company anticipates continued growth in fiscal 2022.
Intelligent Systems Corporation reported a 26% year-over-year increase in total revenue, reaching $12.9 million for the third quarter of 2021. The company continued making strategic investments in R&D and expanding its operations to support growth with existing and new customers. They now expect top-line growth of 30% to 35% for the full year.
Intelligent Systems reported a strong second quarter with a 66% increase in total revenue to $13.4 million. This growth led to significant increases in income from operations and net income, driven by CoreCard's platform.
Intelligent Systems reported a 13% increase in revenue compared to the first quarter of 2020, driven by professional services and processing and maintenance revenue. Income from operations and net income declined due to the costs of opening a new office in Dubai and developing a new platform. The company repurchased $2.7 million of shares and extended the buyback authorization for an additional $10 million.
Intelligent Systems reported a 7% decrease in fourth-quarter revenue to $9.6 million but a 5% increase in full-year revenue to $35.9 million. Net income for the quarter was $2.119 million, with earnings per diluted share at $0.24. The company completed crucial infrastructure investments and anticipates top-line growth of 15% to 25% in fiscal year 2021.
Intelligent Systems reported an 8% increase in revenue compared to the prior-year period. The company's third-quarter results were slightly better than expected, with license revenue contributing to the increase. However, net income and earnings per diluted share decreased compared to the prior year quarter.
Intelligent Systems reported a 7% increase in revenue compared to the prior year period, driven by professional services and processing and maintenance. Income from operations and net income were also up slightly from the same quarter the previous year.
Intelligent Systems reported a 13.3% increase in revenue compared to the prior year period, driven by professional services and processing and maintenance revenues. However, net income decreased due to investment losses related to impairment charges on investments resulting from the economic downturn caused by the COVID-19 pandemic.
Intelligent Systems reported a strong fourth quarter and fiscal year 2019, with revenue growth of 70% for the quarter and 71% for the year. The company's unique offering resonated well with top-tier global companies, leading to better-than-anticipated top-line growth. The company is focusing on solidifying its infrastructure and providing the best support possible in fiscal year 2020.