poSecure(CMPO)
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CompoSecure Showcases Arculus Web3 Payment Capabilities for Everyday Purchases at Consensus Conference
Newsfilter· 2024-05-28 12:30
Arculus is actively engaging with PoS vendors, merchants and other key stakeholders in the Web3 ecosystem to enhance and drive a seamless customer experience for the self-custody community. For more information, please visit GetArculus.com/business-solutions. AUSTIN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced expanded capabilities that enable Web3 payments for everyday purchases through the ...
CompoSecure Wins Three 2024 ICMA Élan Awards for Design, Sustainability and Security Technology
Newsfilter· 2024-05-22 12:30
Core Insights - CompoSecure, Inc. has been awarded the 2024 Élan Award of Excellence in three categories: Best Metal Cards, Environmentally-Friendly Cards, and Best Secure Payment Cards, highlighting its leadership in the metal payment card industry [1][2]. Company Achievements - The company has won a total of 18 Élan Awards and has been a finalist 21 times since the awards began in 2012, showcasing its consistent excellence in card design and manufacturing [2]. - CompoSecure's CEO, Jon Wilk, emphasized the company's commitment to innovation, sustainability, and security in payment solutions, aligning with market demands for eco-friendly products [2]. Product Highlights - The BMW i Precision Card, recognized in the Best Metal category, is made from 65% recycled stainless steel and features a unique design that reflects modernity and sustainability [5]. - The Rogers Bank metal credit card, awarded in the Environmentally-Friendly category, is also made from 65% post-consumer recycled stainless steel and is carbon neutral during production [5]. - The IndusInd Bank Avios Visa Infinite Credit Card, awarded for Best Secure Payment Card, showcases a collaborative design process that emphasizes tactile features and visual appeal [5]. - CompoSecure's Lux Glass prototype was a finalist in the Unique Innovation category, combining stainless steel and Corning® Gorilla® Glass for enhanced design capabilities [5]. - The Taco Bell gift card was a finalist in the Best Loyalty, Promotion, Gift Card category, featuring a striking design that enhances brand visibility [5]. Industry Context - The Élan Awards, organized by the International Card Manufacturers Association (ICMA), recognize excellence in card manufacturing and innovation, with over 130 entries this year [2][3]. - ICMA serves as a global trade association for card manufacturers and related industry participants, focusing on production, technology, application, security, and environmental issues in the card industry [3].
CompoSecure Wins Three 2024 ICMA Élan Awards for Design, Sustainability and Security Technology
globenewswire.com· 2024-05-22 12:30
SOMERSET, N.J., May 22, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced it won top honors at the prestigious 2024 Élan Award of Excellence by the International Card Manufacturers Association (ICMA) in three categories including Best Metal Cards, Environmentally-Friendly Cards and Best Secure Payment Cards. "This recognition underscores our relentless pursuit of excellence in design, sustainability and payment ...
CompoSecure General Counsel Honored by NJBIZ Leaders in Law Awards
Newsfilter· 2024-05-14 12:30
SOMERSET, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Steve Feder, General Counsel and Corporate Secretary, has been named an honoree in the prestigious NJBIZ Leaders in Law awards for 2024. The award ceremony took place today at The Palace at Somerset Park, celebrating the achievements of outstanding legal professionals. "Steve's appointment as an NJBIZ Leader in Law is a testament to his in ...
CompoSecure Chief Product & Innovation Officer to Speak at Seamless Middle East 2024
Newsfilter· 2024-05-13 20:05
DUBAI, United Arab Emirates, May 13, 2024 (GLOBE NEWSWIRE) -- Dubai — May 13, 2024 — CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Chief Product and Innovation Officer, Dr. Adam Lowe, will be delivering key presentations at Seamless Middle East 2024, focusing on security innovations, including the company's Arculus Authenticate® and Cold Storage technology, that enhances customer experience and protect digital assets and digital ide ...
CompoSecure Announces Pricing of Secondary Offering of Shares of Class A Common Stock by Selling Shareholders
Newsfilter· 2024-05-09 12:45
SOMERSET, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. ("CompoSecure") (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the pricing of a secondary offering of 7,000,000 shares of its Class A common stock, par value $0.0001 per share, by certain shareholders of the Company (the "Selling Shareholders") at a price to the public of $6.50 per share for total gross proceeds of $45,500,000 million (the "Offering"). In connection with the Offering, ...
poSecure(CMPO) - 2024 Q1 - Earnings Call Transcript
2024-05-07 03:46
CompoSecure, Inc. (NASDAQ:CMPO) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Steve Feder - General Counsel and Corporate Secretary Jon Wilk - Chief Executive Officer Tim Fitzsimmons - Chief Financial Officer Conference Call Participants John Todaro - Needham Mark Palmer - Benchmark Joe Flynn - Compass Point Reggie Smith - JPMorgan Operator Good day, and thank you for standing by. Welcome to CompoSecure’s First Quarter 2024 Earnings Call. [Operator Instructions] Please be advi ...
poSecure(CMPO) - 2024 Q1 - Quarterly Report
2024-05-06 20:28
10 3. INVENTORIES | --- | --- | --- | --- | --- | |---------------------|-------|-------------------------------|--------------|---------------------| | Raw materials | $ | March 31, 2024 \n52,680 | December \n$ | 31, 2023 \n50,867 | | Work in process | | 5,397 | | 4,110 | | Finished goods | | 357 | | 662 | | Inventory reserve | | (3,237) | | (3,099) | | | $ | 55,197 | $ | 52,540 | 4. PROPERTY AND EQUIPMENT | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------|---- ...
poSecure(CMPO) - 2024 Q1 - Quarterly Results
2024-05-06 20:07
@CompoSecure® CompoSecure Reports Record First Quarter 2024 Financial Results and Declares Special Cash Dividend Q1 Net Sales up 9% to $104.0 Million; Q1 Net Income up 59% to $17.1 Million; Q1 Adjusted EBITDA up 6% to $37.8 Million Declares Special Cash Dividend of $0.30 per Share SOMERSET, N.J., May 6, 2024 -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its operating results for the first quarter ended March 31, 2024. "We are of ...
CompoSecure Reports Record First Quarter 2024 Financial Results and Declares Special Cash Dividend
Newsfilter· 2024-05-06 20:01
Q1 Net Sales up 9% to $104.0 Million; Q1 Net Income up 59% to $17.1 Million; Q1 Adjusted EBITDA up 6% to $37.8 Million Declares Special Cash Dividend of $0.30 per Share SOMERSET, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its operating results for the first quarter ended March 31, 2024. "We are off to a strong start in 2024 as we generated a record quarter of revenue, driven by continued mom ...