Earnings ·
CPI Card Group Inc. reported second quarter fiscal 2026 results ending June 30, 2026, with revenue increasing 15% to…
PMTSCPI Card Group Inc.
CPI Card Group Inc. reported second quarter fiscal 2026 results ending June 30, 2026, with revenue increasing 15% to $149.2 million and net income rising 294% to $2.0 million. Adjusted EBITDA grew 7% to $24.1 million, while the company generated a record first-half free cash flow of $36.1 million. Management raised its full-year revenue growth guidance to high-single-digit or low-double-digit and increased free cash flow expectations to $45–$50 million. The firm also acquired TRISM to double its addressable market in U.S. instant issuance solutions and redeemed $26.5 million of Senior Notes in July to reduce leverage, which fell to 2.7x.