Education
About Us
Working with TipRanks
Follow Us
CoreCard (CCRD)
NYSE:CCRD
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.27Last Year’s EPS
0.15Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 67.13%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in Q1 2025, with significant revenue growth and improved profitability metrics. However, there are concerns regarding the loss of revenue from customer acquisition and uncertainty with the Deserve and Intuit situation. The overall sentiment is positive, with strong financial performance outweighing the potential risks and challenges.Company Guidance
During the CoreCard Corporation Q1 2025 earnings call, the company provided detailed guidance on its financial performance and expectations. In the first quarter, total revenue reached $16.7 million, a 28% increase year-over-year, primarily driven by higher professional services revenue, notably from their largest customer, Goldman Sachs. Excluding Goldman, revenue growth was 8% year-over-year, and excluding Goldman, legacy CABG business, and a one-time accelerated revenue of $500,000 in Q1 2024, growth was 23% and is projected to be between 30% and 35% for the full year. The company reported an operating income of $2.8 million with a 16.8% operating margin, up from 4% the previous year. Earnings per diluted share rose to $0.24 from $0.05 last year, and adjusted diluted EPS, excluding stock compensation expenses, was $0.28 compared to $0.07 in Q1 2024. Adjusted EBITDA increased to $4 million from $1.7 million. For the full year 2025, CoreCard expects revenues between $65 million and $69 million, with EPS between $1.10 and $1.18. For Q2 2025, projected revenues are between $16.2 million and $16.9 million, with EPS between $0.23 and $0.28. Professional services revenue for Q2 is expected between $8.4 million and $8.8 million. The company also noted potential impacts from the acquisition of Deserve by Intuit, which accounted for less than 3% of 2024 revenues.Significant Revenue Growth
Total revenue for Q1 2025 was $16.7 million, marking a 28% increase year over year, driven by higher professional services revenue.
Professional Services Revenue Boost
Professional services revenue grew significantly to $8.7 million in Q1 2025, primarily due to higher managed services rates from Goldman Sachs.
Improved Operating Margin
The operating margin improved to 16.8% in Q1 2025 from 4% in the same period last year, driven by higher professional services revenue.
Substantial Increase in Earnings Per Share
Earnings per diluted share for Q1 2025 was $0.24 compared to $0.05 for Q1 2024. Adjusted diluted EPS was $0.28 compared to $0.07 in Q1 2024.
Positive Outlook for 2025
Revenue growth excluding the largest customer is expected to be 30% to 35% for the full year 2025.
CCRD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CCRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $17.37 | $20.01 | +15.20% |
Feb 20, 2025 | $22.30 | $23.00 | +3.14% |
Oct 31, 2024 | $13.98 | $15.02 | +7.44% |
Aug 01, 2024 | $11.90 | $12.28 | +3.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CoreCard (CCRD) report earnings?
CoreCard (CCRD) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is CoreCard (CCRD) earnings time?
CoreCard (CCRD) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCRD EPS forecast?
CCRD EPS forecast for the fiscal quarter 2025 (Q2) is 0.27.