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

CoreCard

14/08/2025 12:53

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

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)