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CoreCard (CCRD) Moves 5.7% Higher: Will This Strength Last?
ZACKS· 2025-10-15 19:31
CoreCard Corporation (CCRD) shares ended the last trading session 5.7% higher at $27.3. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.8% loss over the past four weeks.The stock surged after Euronet Worldwide reported strong second-quarter results and emphasized the strategic significance of its CoreCard acquisition. Euronet’s upbeat outlook, coupled with assurances that the CoreCard deal will be accretive to ea ...
CoreCard Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation - CCRD
Businesswire· 2025-10-06 21:36
Oct 6, 2025 5:36 PM Eastern Daylight Time NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF†) are investigating the proposed sale of CoreCard Corporation (NYSE: CCRD) to Euronet Worldwide, Inc. (NasdaqGS: EEFT). Under the terms of the proposed transaction, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0. ...
Shareholder Alert: The Ademi Firm Continues to Investigate Whether CoreCard Corporation Is Obtaining a Fair Price for Its Public Shareholders
Businesswire· 2025-09-15 06:22
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm continues to investigate CoreCard (NYSE: CCRD) for possible breaches of fiduciary duty and other violations of law in its transaction with Euronet. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of CoreCard will receive between 0.2783 and 0.3142 Euronet shares, with the exact ratio. ...
CoreCard Corporation (CCRD) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-08-14 14:01
Group 1: Earnings Performance - CoreCard Corporation (CCRD) reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, and up from $0.15 per share a year ago, representing an earnings surprise of +14.81% [1] - The company has surpassed consensus EPS estimates for four consecutive quarters [2] - CoreCard's revenues for the quarter ended June 2025 were $17.59 million, exceeding the Zacks Consensus Estimate by 6.95%, and up from $13.8 million year-over-year [2] Group 2: Stock Performance and Outlook - CoreCard shares have increased approximately 24.8% since the beginning of the year, outperforming the S&P 500's gain of 10% [3] - The future performance of CoreCard's stock will depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $16.2 million, and for the current fiscal year, it is $1.10 on revenues of $66.04 million [7] Group 3: Industry Context - The Technology Services industry, to which CoreCard belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact CoreCard's stock performance [5]
CoreCard(CCRD) - 2025 Q2 - Quarterly Results
2025-08-14 11:45
EXHIBIT 99.1 CoreCard Corporation Reports Second Quarter 2025 Results NORCROSS, Ga., Aug. 14, 2025 (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 June 30, 2025. Financial Highlights for the three months ended June 30, 2025 Total revenues in the three-month period ended June 30, ...
CoreCard Corporation Reports Second Quarter 2025 Results
Globenewswire· 2025-08-14 11:45
Core Points - CoreCard Corporation reported total revenues of $17.6 million for the quarter ended June 30, 2025, an increase from $13.8 million in the same period in 2024, representing a growth of approximately 27.5% [2] - The company achieved net income of $2.0 million for the second quarter, compared to $0.9 million in the prior year, marking a year-over-year increase of approximately 122.2% [3] - Earnings per diluted share rose to $0.24 for the second quarter of 2025, up from $0.11 in the same quarter of 2024 [3] - Adjusted EBITDA for the second quarter was $4.2 million, compared to $2.5 million in the prior year, reflecting a growth of 68% [4] - CoreCard entered into a merger agreement with Euronet Worldwide, Inc. on July 30, 2025, which is expected to close in late 2025, subject to shareholder approval and customary closing conditions [5][6] Financial Performance - Total revenues for the three months ended June 30, 2025, were $17.6 million, with professional services contributing $9.4 million, processing and maintenance $6.6 million, and third-party revenues $1.6 million [2] - Income from operations was $2.7 million for the second quarter, compared to $1.1 million in the same quarter of the previous year [2] - The company reported adjusted earnings per diluted share of $0.31 for the second quarter, up from $0.15 in the prior year [3][29] Balance Sheet Highlights - As of June 30, 2025, total assets were $70.9 million, an increase from $62.3 million at the end of 2024 [20][22] - Current assets increased to $45.8 million from $40.2 million at the end of 2024, with cash rising to $26.6 million from $19.5 million [20] - Total stockholders' equity was $56.3 million as of June 30, 2025, compared to $51.7 million at the end of 2024 [22] Non-GAAP Measures - Adjusted EBITDA margin for the second quarter was 23.8%, compared to 17.9% in the same quarter of the previous year [29] - The reconciliation of GAAP to non-GAAP measures showed adjusted net income of $2.5 million for the second quarter, compared to $1.2 million in the prior year [28]
CoreCard(CCRD) - 2025 Q2 - Quarterly Report
2025-08-14 10:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 1-9330 CORECARD CORPORATION (Exact name of registrant as specified in its charter) | Georgia | 58-1964787 | | --- | --- | | ( ...
CoreCard (CCRD) Surges 10.0%: Is This an Indication of Further Gains?
ZACKS· 2025-08-01 18:36
Company Overview - CoreCard Corporation (CCRD) shares increased by 10% to close at $28.95, following a significant trading volume compared to normal sessions, despite an 8.7% loss over the past four weeks [1] - The company is set to merge with Euronet in a stock-for-stock transaction valued at approximately $248 million, or $30 per share [2] Financial Performance - CoreCard is expected to report quarterly earnings of $0.27 per share, reflecting an 80% year-over-year increase, with revenues projected at $16.45 million, a 19.2% increase from the previous year [3] - The consensus EPS estimate for CoreCard has remained unchanged over the last 30 days, indicating a potential lack of momentum in earnings estimate revisions [4] Industry Context - CoreCard operates within the Zacks Technology Services industry, where Allot Communications (ALLT) also resides, finishing the last trading session at $7.74, with a -9.4% return over the past month [4] - Allot Communications has seen a significant change in its consensus EPS estimate, dropping by 50% over the past month to $0, while still reflecting a 100% increase compared to the previous year's EPS [5]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of CoreCard Corporation (NYSE: CCRD)
GlobeNewswire News Room· 2025-07-31 20:52
Group 1 - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is investigating CoreCard Corporation (NYSE: CCRD) regarding its sale to Euronet Worldwide, which involves an exchange ratio between 0.2783 and 0.3142 of Euronet common stock per share of CoreCard [1] - The investigation raises questions about the fairness of the deal for CoreCard shareholders [1] Group 2 - Monteverde & Associates PC is a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court [2] - The firm operates from the Empire State Building in New York City [2] - The firm encourages shareholders with concerns to contact them for additional information [3]
Euronet Worldwide(EEFT) - 2025 Q2 - Earnings Call Presentation
2025-07-31 13:00
Financial Performance - Euronet reported revenue of $1,074.3 million, a 9% increase compared to $986.2 million in Q2 2024[17] - Operating income increased by 18% to $158.6 million, up from $134.3 million in Q2 2024[17] - Adjusted EBITDA grew by 16% to $206.2 million, compared to $178.2 million in Q2 2024[17] - Adjusted EPS increased by 14% to $2.56, up from $2.25 in Q2 2024[17] - On a constant currency basis, revenue increased by 6%, operating income by 13%, and adjusted EBITDA by 11%[17] Strategic Initiatives - Euronet signed a merger agreement to acquire CoreCard (NYSE: CCRD)[13] - The company signed an agreement with a top three bank in the United States for its Ren technology[13] - Euronet acquired a majority stake in Kyodai Remittance, a leading Japanese firm[71] Business Segment Highlights - Money Transfer digital transactions grew by 29%, with 55% of payouts going through digital channels[44] - epay now has 70% of its transactions fully digital[39] - EFT Processing revenue increased 11% to $338.5 million[20]