CoreCard Corp

CoreCard Corp. engages in the management of emerging technology companies. It operates through CoreCard Software, Inc. and affiliate companies, which are involved in the design, development, and marketing of software solutions to corporations, financial institutions, retailers, and processors to manage credit and debit cards, prepaid cards, private label cards, fleet cards, loyalty programs, and accounts receivable and small loan transactions. The company was founded in 1973 and is headquartered in Norcross, GA.

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Earnings data Q4 2024

CoreCard Corp (CCRD) reports robust Q4 earnings and outlines growth strategies

CoreCard Corp (CCRD) delivered strong financial results in Q4 2022, setting the stage for continued growth and revenue diversification in 2023.
The company's focus on operational efficiency, workforce stabilization, and revenue expansion positions it well for future success and sustained profitability.
Despite challenges in managing investments and transitioning to modern platforms, CoreCard Corp (CCRD) remains optimistic about its growth prospects and market opportunities.

CoreCard Corp reports resilient Q1 performance amidst revenue shifts

CoreCard Corp's Q1 2023 performance demonstrated resilience amid revenue shifts, with a focus on stable growth and governance.
While facing challenges in the banking sector and revenue growth slowdown, the company remains cautiously optimistic about the year ahead.
Strategic opportunities in margin leverage, software evolution, and new customer revenue growth position CoreCard Corp for sustained success and expansion.

CoreCard Corp meets Q2 expectations, eyes revenue diversification and growth

CoreCard Corp's Q2 2023 performance was steady, focusing on revenue diversification and stability.
While facing challenges in earnings per share and customer concentration, the company is poised for growth.
Opportunities lie in expanding license revenue, customer base growth, and new product development.

CoreCard Corp (CCRD) reports Q3 revenue decline, focuses on revenue diversification

CoreCard Corp (CCRD) faced a decline in total revenue in Q3 2023, with a notable decrease in operating margin. Despite challenges in professional services revenue, the company is leveraging its strengths in growing processing and maintenance revenue. Opportunities lie in expanding customer base and enhancing service offerings.

CoreCard Corp (CCRD) reports mixed Q4 earnings, focuses on new platform and share buybacks

CoreCard Corp (CCRD) navigated through a mixed quarter with revenue declines but growth in key segments. The company plans to focus on investing in the new platform, CoreFinity, and continuing share buybacks. Addressing challenges in EPS and growth projections will be crucial for future performance.

CoreCard Corp reports Q1 revenue decline, eyes growth beyond Goldman Sachs

CoreCard Corp's Q1 2024 performance saw revenue decline and margin compression, offset by growth in processing and maintenance revenues. While facing challenges in revenue and profitability, the company aims to leverage strategic partnerships and investments for future growth. Opportunities exist in diversifying revenue streams, focusing on customer growth, and expanding into new markets.

CoreCard Corp reports Q2 revenue decline but anticipates customer growth

CoreCard Corp faces challenges from revenue declines but demonstrates operational strength and growth potential in core segments.
The company's financial performance remains stable, supported by strong professional services revenue and prudent cost management strategies.
Opportunities lie in exceeding customer growth expectations, maintaining service revenue strength, and leveraging cash reserves for strategic investments.

CoreCard Corp surpasses Q3 expectations, eyes growth amid uncertainties

CoreCard Corp's Q3 2024 performance exceeded expectations, driven by strong revenue growth and improved profitability metrics.
While facing challenges like uncertainty around key programs, the company is focused on partnerships, innovation, and growth opportunities.
With a mix of strengths and challenges, CoreCard Corp aims to navigate uncertainties and capitalize on growth prospects for sustainable success.

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SAN MATEO, Calif.--(BUSINESS WIRE)--Today Feedzai, the leading provider of financial crime and risk management solutions, has partnered with CoreCard, the gold-standard international provider of prepaid and credit technology solutions and processing services to banks and the financial technology and services market. The partnership will enhance CoreCard's fraud detection and prevention capabilities to expand on its existing advanced spending control capabilities. The collaboration marks a signi.

Feedzai and CoreCard Partner to Protect Processing Market Against Rising Fraud Levels using Advanced AI

CoreCard Corporation (NYSE:CCRD ) Q3 2023 Earnings Conference Call November 1, 2023 11:00 AM ET Company Participants Matt White - CFO & Company Secretary Leland Strange - Chairman, CEO & President Conference Call Participants Hal Goetsch - B. Riley Securities Avi Fisher - Long Cast Advisers Operator Greetings.

CoreCard Corporation (CCRD) Q3 2023 Earnings Call Transcript

NORCROSS, Ga., Nov. 01, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended September 30, 2023.

CoreCard Corporation Reports Third Quarter 2023 Results

NORCROSS, Ga., Oct. 18, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on November 1, 2023, at 11:00 A.M. Eastern Time in conjunction with the company's earnings release for the quarter ended September 30, 2023. The company plans to issue a press release with the financial results for the period before the market opens on November 1, 2023.

CoreCard Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

CoreCard relies heavily on Goldman Sachs for revenue, posing a concentration risk. The revised agreement with Goldman Sachs provides a more stable revenue framework but introduces new risks. CoreCard's business model is scalable, but success depends on effective hiring and talent management, especially in international locations.

CoreCard: A Deep Dive Into Client Risk, Scalability, And Financials

CoreCard Corporation (NYSE:CCRD ) Q2 2023 Earnings Conference Call August 2, 2023 11:00 AM ET Company Participants Matt White - Chief Financial Officer Leland Strange - Chairman & Chief Executive Officer Conference Call Participants Hal Goetsch - B. Riley Securities Operator Greetings, welcome to CoreCard's Second Quarter 2023 Earnings Conference call.

CoreCard Corporation (CCRD) Q2 2023 Earnings Call Transcript

25%+ increase in Processing and Maintenance Revenue Year-over-Year and achieves New License Tier 25%+ increase in Processing and Maintenance Revenue Year-over-Year and achieves New License Tier

CoreCard Corporation Reports Second Quarter 2023 Results

NORCROSS, Ga., July 26, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that Leland Strange, President & CEO, and Matt White, CFO, will be participating in the following investor conferences:

CoreCard to Participate in August 2023 Investor Conferences

NORCROSS, Ga., July 19, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on August 2, 2023, at 11:00 A.M. Eastern Time in conjunction with the company's earnings release for the quarter ended June 30, 2023. The company plans to issue a press release with the financial results for the period before the market opens on August 2, 2023.

CoreCard Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call

NORCROSS, Ga., June 27, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that the Company joined the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective June 26.

CoreCard Corporation Joins Russell 3000® Index

CoreCard Corp. is a leading provider of program management and processing software for financial products, with a strong competitive moat built on high-quality offerings and strategic relationships with industry leaders like Apple Card and Goldman Sachs. Despite concerns about customer concentration, the company's ongoing relationship with Goldman Sachs and the complexity of its software create significant barriers to entry for competitors and strengthen its market position. CCRD's financial performance and growth potential justify a higher valuation than its current multiple, with potential for further re-rating as it executes its expansion strategy and secures new customers.

CoreCard: Building A Moat In Program Management And Processing Software

CoreCard Corporation (NYSE:CCRD ) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Matt White - Chief Financial Officer Leland Strange - Chairman & Chief Executive Officer Conference Call Participants Hal Goetsch - B. Riley Khadir Richie - Richie Capital Group Avi Fisher - Long Cast Advisers Matt White Good morning, everyone.

CoreCard Corporation (CCRD) Q1 2023 Earnings Call Transcript

25% Increase in Services Revenue Year-over-Year NORCROSS, Ga., May 04, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD) (“CoreCard” or the “Company”), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended March 31, 2023.

CoreCard Corporation Reports First Quarter 2023 Results

NORCROSS, Ga., April 28, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that Leland Strange, President & CEO, and Matt White, CFO, will be participating in the following investor conferences:

CoreCard to Participate in Upcoming Investor Conferences

NORCROSS, Ga., April 20, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on May 4, 2023, at 11:00 A.M. Eastern Time in conjunction with the company's earnings release for the quarter ended March 31, 2023. The company plans to issue a press release with the financial results for the period before the market opens on May 4, 2023.

CoreCard Corporation Schedules First Quarter 2023 Earnings Release and Conference Call

CoreCard Corporation reported its Q4 2022 financial results on February 16, 2023. The company provides a range of financial payment processing API, software and related services.

CoreCard Bets On New Platform Development For Future Growth

CoreCard Corporation (NYSE:CCRD ) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Matt White – Chief Financial Officer Leland Strange – Chairman and Chief Executive Officer Conference Call Participants Anja Soderstrom – Sidoti Hal Goetsch – Loop Capital Markets Operator Greetings, and welcome to the CoreCard Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

CoreCard Corporation (CCRD) Q4 2022 Earnings Call Transcript

NORCROSS, Ga., Feb. 16, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD) (“CoreCard” or “the Company”), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter and full year ended December 31, 2022.

CoreCard Corporation Reports Fourth Quarter and Full Year 2022 Results

NORCROSS, Ga., Feb. 02, 2023 (GLOBE NEWSWIRE) -- CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on February 16, 2023, at 11:00 A.M. Eastern Time in conjunction with the company's earnings release for the quarter ended December 31, 2022. The company plans to issue a press release with the financial results for the period before the market opens on February 16, 2023.

CoreCard Corporation Schedules Fourth Quarter 2022 Earnings Release and Conference Call

CoreCard has made investments to boost growth in the coming years. The company is currently undervalued by approximately 10%.

CoreCard: Investing For The Future

Potential acquisition in the fintech space. Late last year, media reports appeared that Goldman Sachs has expressed interest in acquiring credit card issuance software provider CoreCard.

CoreCard: Potential Buyout

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