CPI Card Group reports Q3 EPS 11c, consensus 51c

Reports Q3 revenue $124.75M, consensus $117.13M. “We are very pleased to deliver strong growth in the quarter, including 19% growth in our Debit and Credit segment, even as channel inventories continue to be worked down,” said John Lowe, president and CEO. “We are maintaining momentum with our solutions across the CPI portfolio and believe we are winning business in the market.”