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Corecard Corporation (CCRD)
:CCRD
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.16Last Year’s EPS
0.07Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -3.50%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a positive growth trajectory with significant revenue increases and improved operational metrics. However, the company's reliance on a major customer and the lack of expected license revenue present potential challenges. The mention of possible changes in leadership or acquisition adds an element of uncertainty.Company Guidance
In the CoreCard Fourth Quarter 2024 Earnings Conference Call, the company provided guidance for 2025 with expected revenues ranging from $60 million to $64 million and earnings per share between $0.88 and $0.94. The revenue growth, excluding their largest customer, Goldman Sachs, is anticipated to be between 30% and 40%. Additionally, for the first quarter of 2025, CoreCard projects total revenue to be between $14.4 million and $15 million, with earnings per share forecasted to be between $0.15 and $0.19. Professional Services revenue is expected to range from $6.8 million to $7.2 million for the same period. The company does not foresee any license revenue for 2025 but expects continued growth in Processing and Maintenance and Professional Services, reflecting higher managed service rates from Goldman.Significant Revenue Growth
Total revenue for Q4 2024 was $14.8 million, representing a 22% increase year-over-year. Services revenue increased by 10% in the quarter, with full-year growth of 1%.
Strong Performance in Processing and Maintenance Revenue
Processing and Maintenance revenues grew by 11% in Q4 2024 year-over-year, with a full-year growth of 7%.
Income from Operations Improvement
Income from operations was $2.1 million for Q4 2024, compared to $0.4 million in Q4 2023, with an operating margin increase from 3% to 14%.
Earnings Per Share Growth
Earnings per diluted share for Q4 2024 was $0.24 compared to $0.06 in Q4 2023. Full-year diluted EPS was $0.67 compared to $0.40 in 2023.
Positive Cash Flow and Share Repurchases
Operating cash flows in 2024 were $5.8 million. The company used $7.6 million on share repurchases in 2024, indicating strong cash position and return to shareholders.
Optimistic 2025 Forecast
For 2025, expected revenues are between $60 million and $64 million, with revenue growth excluding Goldman Sachs projected at 30% to 40%.
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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
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CCRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 02, 2024 | $12.10 | $12.71 | +5.04% |
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.
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FAQ
When does Corecard Corporation (CCRD) report earnings?
Corecard Corporation (CCRD) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Corecard Corporation (CCRD) earnings time?
Corecard Corporation (CCRD) earnings time is at May 01, 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 (Q1) is 0.16.
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