CPI Card Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 105.86 million compared to USD 124.58 million a year ago. Net income was USD 3.86 million compared to USD 11.91 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 1.06 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 1.01 a year ago.
For the nine months, revenue was USD 341.68 million compared to USD 349.31 million a year ago. Net income was USD 21.25 million compared to USD 24.06 million a year ago. Basic earnings per share from continuing operations was USD 1.86 compared to USD 2.14 a year ago. Diluted earnings per share from continuing operations was USD 1.79 compared to USD 2.05 a year ago.