Recap: CoreCard Q1 Earnings

CoreCard CCRD reported its Q1 earnings results on Thursday, May 4, 2023 at 07:45 AM.

Here's what investors need to know about the announcement.

Earnings

CoreCard beat estimated earnings by 87.5%, reporting an EPS of $0.15 versus an estimate of $0.08.

Revenue was down $9.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 1.05% drop in the share price the next day.

Here's a look at CoreCard's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.33 0.14 0.33 0.8
EPS Actual 0.24 0.16 0.33 1
Revenue Estimate 15.20M 12.75M 13.28M 18.77M
Revenue Actual 15.82M 14.45M 15.21M 24.28M

To track all earnings releases for CoreCard visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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