Stock Track | CompoSecure Plunges 6.82% in Pre-Market on Disappointing Q4 Results and Higher Costs

Stock Track
03-06

CompoSecure (CMPO), the payment card maker, witnessed a sharp 6.82% plunge in its stock price during the pre-market trading session on Thursday. The sell-off came in response to the company's weaker-than-expected fourth-quarter earnings results and rising costs that weighed on its profitability.

For the quarter ended December 31, 2024, CMPO reported net sales of $100.9 million, a meager 1% year-over-year growth, missing analysts' consensus estimate of $102.2 million. The company cited higher costs and expenses related to new card designs, production inefficiencies, and inflationary pressures as key factors impacting its financial performance.

Adjusted earnings per share (EPS) came in at $0.20, lower than analysts' expectations of $0.22 and down from $0.24 in the prior-year period. Gross margins compressed to 52.1% from 52.9% a year ago, while selling, general and administrative expenses surged 65% to $36.9 million, further weighing on the company's bottom line.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10