CPI Card Group reports Q2 EPS 55c, consensus 33c

Reports Q2 revenue $114.96M , consensus $103.50M.”I am pleased with our team’s ability to offset customer demand softness in parts of the market and challenging comparisons with last year’s second quarter to generate a solid increase in profitability,” said Scott Scheirman, President and Chief Executive Officer. “Although we have adjusted our sales outlook to reflect the near-term challenges, we are continuing to drive various initiatives to help achieve our profitability and cash flow targets for the year.”