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Cpi Card Group - PMTS STOCK NEWS

Welcome to our dedicated page for Cpi Card Group news (Ticker: PMTS), a resource for investors and traders seeking the latest updates and insights on Cpi Card Group stock.

About CPI Card Group

CPI Card Group Inc is a globally recognized provider of comprehensive payment card solutions, specializing in credit, debit, and prepaid card production. With more than two decades of industry experience, the company offers integrated card services that encompass card personalization, secure production, mobile payment technologies, and fulfillment services. These solutions are tailored to meet the needs of card-issuing banks and prepaid debit card program managers across multiple markets, ensuring that every product upholds stringent quality and security standards.

Business Model and Operations

The company operates through two primary business segments: the Debit & Credit segment and the Prepaid Debit segment. The Debit & Credit segment is dedicated to the production and provision of financial payment cards, serving a diverse range of issuing banks in the United States. Meanwhile, the Prepaid Debit segment focuses on delivering specialized integrated card services for prepaid card programs. This dual-segment structure allows CPI Card Group to address a broad spectrum of payment needs and maintain its competitive stance in a rapidly evolving financial technology environment.

Technological Prowess and Security

One of the distinguishing features of CPI Card Group is its commitment to leveraging cutting-edge mobile technologies and secure production processes. By integrating advanced personalization methods and maintaining one of the largest networks of certified high-security facilities in North America, the company reinforces its reputation for delivering consistent, high-quality products. Its operational framework is designed to support large-volume production while ensuring robust security protocols and operational resiliency.

Market Position and Global Presence

Positioned as a critical partner within the payments market, CPI Card Group serves customers from strategic locations in the United States, Canada, and the United Kingdom. This wide geographical footprint reinforces its ability to meet client needs effectively while adapting to region-specific regulatory and operational requirements. The company sustains its competitive advantage through a blend of technological innovation, strategic infrastructure investments, and a long-standing commitment to customer service and quality.

Commitment to Quality and Customer Service

At the core of CPI Card Group's operations is an unwavering commitment to product consistency and superior customer service. The company’s reputation is built on decades of experience where quality control, innovation, and reliability are not merely objectives but standard operating procedures. This has enabled it to become a trusted partner for financial institutions and card program managers who rely on precise, secure, and scalable payment solutions.

Industry Keywords and Expert Insights

In discussions around modern payment solutions, CPI Card Group stands out by consistently incorporating industry-leading practices such as automation in card personalization, high-security production standards, and agile mobile technology integration. The company’s expertise in understanding and anticipating the requirements of card issuers distinguishes it from competitors and highlights its role as a knowledgeable contributor in the payments ecosystem.

Conclusion

CPI Card Group Inc continues to serve as a cornerstone in the payment technology landscape by offering a full suite of card production and personalization services underpinned by secure, innovative technological solutions. For investors and market analysts, understanding the company's methodical approach to integrated card services, deep-rooted industry expertise, and extensive operational network provides a clear insight into its enduring capacity to meet and exceed the evolving needs of the financial services industry.

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CPI Card Group Inc. (PMTS) partners with MEA Financial Enterprises LLC to offer Push Provisioning solution to enhance digital wallet capabilities for cardholders. The collaboration aims to expand CPI's client base and improve services for MEA's 300 financial institution customers.
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CPI Card Group Inc. (PMTS) reported a decrease in fourth-quarter net sales by 19%, net income by 78%, and Adjusted EBITDA by 27%. Full-year net sales decreased by 7% to $445 million, net income by 34% to $24 million, and Adjusted EBITDA by 8%. The company expects a gradual market recovery in 2024 with projections for slight increases in net sales and Adjusted EBITDA.
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CPI Card Group Inc. (PMTS) executives to host investor meetings at the 36th Annual Roth Investor Conference. The event will feature 1-on-1/small group meetings, fireside chats, and industry panels with executives from various sectors.
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CPI Card Group Inc. (Nasdaq: PMTS) announced a webcast and conference call to discuss its fourth quarter and full year 2023 financial results. The call will feature President and CEO John Lowe and CFO Jeff Hochstadt. Financial results will be released before the call on March 7, 2024.
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CPI Card Group Inc. (Nasdaq: PMTS) announced the appointment of John Lowe as its new President and CEO, succeeding Scott Scheirman. Peggy O'Leary has been promoted to Senior VP, Prepaid Solutions and Chief Development and Digital Officer. Lowe brings over a decade of senior executive leadership experience and aims to expand the company's market share and digital offerings. Scheirman will retire in early 2024 and serve as a Senior Advisor until then.
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CPI Card Group Inc. (Nasdaq: PMTS) announced an agreement to purchase shares of the Company’s common stock from Tricor Pacific Capital Partners, a fund managed by Parallel49 Equity ULC, under the previously announced $20 million share repurchase authorization. The company will buy a number of shares equal to three times the number of shares acquired in the open market from non-Parallel49 holders from December 11, 2023, through March 31, 2024, up to a maximum of 325,000 shares. The purchase price will be equivalent to 98% of the volume weighted average purchase price of shares bought by the Company in the open market from non-Parallel49 holders during that time period, with settlement occurring within five days of the end of the period. Parallel49 currently owns 6.6 million shares of CPI common stock, or approximately 57% of CPI’s outstanding common stock. The company has an existing authorization to purchase up to $20 million of its common stock through open market purchases and privately negotiated transactions, expiring on December 31, 2024.
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CPI Card Group Inc. (Nasdaq: PMTS) announced the appointment of Ravi Mallela as an independent member of its Board of Directors, effective November 15, 2023. Mallela brings strong financial and business experience, having previously served as the Chief Financial Officer of NMI Holdings Inc. and First Hawaiian Group. With his addition, CPI's Board now consists of seven members, including six independent members.
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CPI Card Group Inc. reported a 15% decrease in net sales to $106 million and a 68% decrease in net income to $4 million for the third quarter of 2023. The company also updated its 2023 outlook, projecting mid-single digit declines in net sales and Adjusted EBITDA, with Free Cash Flow to be approximately double the 2022 level. Additionally, CPI announced a $20 million share repurchase authorization.
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CPI Card Group Inc. will host a webcast and conference call on November 7, 2023, to discuss its third quarter 2023 financial results. The call will be attended by President and CEO Scott Scheirman, CFO Jeff Hochstadt, and EVP John Lowe. The financial results will be released before the markets open on the same day. Participants can access the conference call via telephone or online, and a replay will be available until November 21, 2023.
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CPI Card Group introduces Card@Once Ribbon Shredder to help financial institutions protect customer data
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FAQ

What is the current stock price of Cpi Card Group (PMTS)?

The current stock price of Cpi Card Group (PMTS) is $25.48 as of April 15, 2025.

What is the market cap of Cpi Card Group (PMTS)?

The market cap of Cpi Card Group (PMTS) is approximately 283.2M.

What is the core business of CPI Card Group?

CPI Card Group is focused on providing integrated payment card solutions that include the production, personalization, and fulfillment of credit, debit, and prepaid cards for financial institutions.

How does CPI Card Group generate its revenue?

The company derives revenue from its two primary segments: the Debit & Credit segment and the Prepaid Debit segment, both of which provide comprehensive and integrated card services.

What are the key services offered by CPI Card Group?

CPI Card Group offers a range of services including card production, advanced personalization, mobile technology integration, and secure fulfillment services tailored to the needs of card issuing banks and prepaid program managers.

How does the company ensure the security of its card production?

The company utilizes state-of-the-art technologies and operates one of North America's largest networks of certified high-security facilities to maintain rigorous security and quality standards.

In which regions does CPI Card Group operate?

CPI Card Group has a strong operational presence in the United States, Canada, and the United Kingdom, ensuring wide accessibility and adherence to regional regulatory requirements.

How is CPI Card Group positioned within the competitive payments market?

By combining decades of industry expertise with advanced technology and a robust production network, CPI Card Group has established itself as a reliable provider of integrated payment card solutions within the competitive financial services landscape.
Cpi Card Group

Nasdaq:PMTS

PMTS Rankings

PMTS Stock Data

283.22M
5.85M
1.98%
75.14%
0.74%
Credit Services
Commercial Printing
Link
United States
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