tradingkey.logo

Card issuing platform CoreCard's Q2 revenue, profit  beat estimates

ReutersAug 14, 2025 11:53 AM


Overview

  • CoreCard Q2 revenue rises 27% yr/yr, beating analyst expectations, per LSEG data

  • Adjusted EPS for Q2 at $0.31, exceeding analyst estimates, per LSEG data

  • CoreCard to merge with Euronet Worldwide, closing expected late 2025


Outlook

  • CoreCard will not provide financial guidance due to pending Euronet merger


Result Drivers

  • PROFESSIONAL SERVICES - Revenue from professional services increased to $9.4 mln from $7.0 mln in Q2 2024

  • PROCESSING AND MAINTENANCE - Revenue from processing and maintenance rose to $6.6 mln from $5.7 mln in Q2 2024

  • THIRD PARTY REVENUE - Third party revenue grew to $1.6 mln from $1.1 mln in Q2 2024


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$17.60 mln

$16.40 mln (1 Analyst)

Q2 Adjusted EPS

Beat

$0.31

$0.27 (1 Analyst)

Q2 EPS

$0.24

Q2 Net Income

$2 mln

Q2 Income From Operations

$2.70 mln


Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the financial technology (fintech) peer group is "buy."

  • Wall Street's median 12-month price target for CoreCard Corp is $21.00, about 34.9% below its August 13 closing price of $28.32

Press Release: ID:nGNXb0DzS

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI