CoreCard (NYSE:CCRD) Posts Quarterly Earnings Results, Beats Expectations By $0.17 EPS

CoreCard (NYSE:CCRD) posted its quarterly earnings data on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.17, Zacks reports. The company had revenue of $14.82 million during the quarter, compared to the consensus estimate of $13.40 million. CoreCard had a net margin of 7.32% and a return on equity of 7.67%. CoreCard updated its FY 2025 guidance to 0.880-0.940 EPS and its Q1 2025 guidance to 0.150-0.190 EPS.

CoreCard Trading Up 3.3 %

Shares of CCRD stock opened at $23.03 on Friday. The business has a 50-day moving average price of $22.65 and a two-hundred day moving average price of $18.05. CoreCard has a 12-month low of $10.02 and a 12-month high of $24.97. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.04. The firm has a market cap of $181.90 million, a P/E ratio of 46.99 and a beta of 0.50.

About CoreCard

CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.