CPI Card Group Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 102.87 million compared to USD 126.44 million a year ago. Net income was USD 2.73 million compared to USD 12.48 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 1.06 a year ago.
For the full year, revenue was USD 444.55 million compared to USD 475.75 million a year ago. Net income was USD 23.99 million compared to USD 36.54 million a year ago. Basic earnings per share from continuing operations was USD 2.1 compared to USD 3.24 a year ago. Diluted earnings per share from continuing operations was USD 2.01 compared to USD 3.11 a year ago.