CompoSecure, Inc. - CMPO STOCK NEWS

CompoSecure, a leader in metal payment cards and security solutions, announced that CEO Jon Wilk and Chief Product & Innovation Officer Adam Lowe will participate in several investor conferences in May 2023. The events include:

• Needham’s 18th Annual Technology and Media Conference in New York City from May 16-18, where they will host 1x1 meetings on May 16.
• JP Morgan’s 51st Annual Global Technology, Media and Communications Conference in Boston from May 22-24, featuring a fireside chat and 1x1 meetings on May 22.
• B. Riley’s 23rd Annual Institutional Investor Conference in Beverly Hills from May 24-25, including a fireside chat and 1x1 meetings.

Interested parties can request meetings through conference representatives or by contacting the investor relations team at CMPO@elevate-ir.com.

AiAdvertising, Inc. (OTC: AIAD) has appointed John Small as its new Chief Financial Officer, succeeding Isabel Gongora. Small, a seasoned financial executive with over 30 years of experience, will oversee financial management and planning as the company embarks on a growth phase.

Previously, he served as CFO at Roman DBDR Tech Acquisition Corp., successfully leading a merger that brought CompoSecure Inc. (NASDAQ: CMPO) public at a $1.2 billion enterprise value. AiAdvertising focuses on utilizing AI and ML to enhance digital marketing efficiency.

Dr. Adam Lowe, Chief Product and Innovation Officer of CompoSecure, will present at Finovate Europe 2023 in London on March 15, 2023, at 12:00 pm GMT. His session, titled "Secure Your Digital Platform with Just A Tap - Digital Keys For The Ultimate Customer Experience", will showcase the Arculus Secure Authentication Solution designed for the fintech market. Lowe emphasizes that Arculus revolutionizes customer interactions with financial institutions by offering a passwordless security solution that enhances user experience. The presentation aims to address digital authentication challenges and highlight the benefits of digital keys, including improved security and customer satisfaction.

CompoSecure, Inc. (CMPO) reported strong financial results for FY 2022, with net sales increasing 41% to $378.5 million and net income rising 58% to $131.8 million. Q4 saw net sales up 25% to $93.8 million, with net income increasing 12% to $22.4 million. The company expects 2023 net sales to range from $400-$425 million and adjusted EBITDA between $145-$155 million. Key innovations include secure authentication technology, a biometric card, and novel card designs. CompoSecure emphasizes its commitment to organic growth and product innovation despite economic uncertainties, aiming to enhance shareholder value.

CompoSecure, Inc. (Nasdaq: CMPO) has announced a conference call on March 1, 2023, at 5:00 p.m. Eastern time to discuss its financial results for Q4 and the full year ending December 31, 2022. The results will be released prior to the call. Interested parties can register for a live webcast or dial-in to participate. The call will include management discussions followed by a Q&A session. CompoSecure is recognized for its innovative metal payment card technologies and security solutions, enhancing trust for consumers globally.

CompoSecure (Nasdaq: CMPO) unveiled innovative metal payment cards designed to enhance security and user experience in 2023. New features include an LED Card that lights up during transactions, a durable Lux Glass™ Card, and an Echo Mirror™ Card with a mirror finish. Additionally, dynamic CVV technology will improve card security by using an e-ink screen for changing codes. The company holds over 55 patents and aims to lead in payment technology, improving brand differentiation and consumer trust.

CompoSecure (NASDAQ: CMPO) has achieved its SOC 2 Type 2 certification, confirming the effectiveness of its security and data controls. This certification, awarded by an independent CPA firm, highlights the company's commitment to industry-leading security practices, particularly in the financial payments and digital asset protection sectors. The audit ensures essential safeguards for customer data are operational. CompoSecure aims to enhance customer trust and its market position with this validation.

CompoSecure, Inc. (CMPO) reported Q3 2022 financial results, revealing a remarkable 56% year-over-year increase in net sales, reaching a record $103.3 million. Net income rose by 17% to $21.9 million or $0.18 EPS. The company raised its 2022 net sales guidance, now expecting $370-$380 million, along with an improved adjusted EBITDA outlook of $130-137 million. The success is attributed to strong demand for premium metal cards and operational efficiencies, with international sales up 35%.

CompoSecure, Inc. (Nasdaq: CMPO) will host a conference call on November 2, 2022, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. A press release with the results will be issued prior to the call. The management will lead the call and allow for a question-and-answer session afterward. Interested parties can register for the call through the provided links. A live webcast and replay will be available on the company's website thereafter.