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poSecure(CMPO) - 2024 Q2 - Quarterly Results
CMPOpoSecure(CMPO)2024-08-07 20:12

Exhibit 99.1 CompoSecure Reports Record Second Quarter 2024 Financial Results; Narrows 2024 Full Year Guidance to High End of Range Q2 Net Sales up 10% to 108.6million;Q2NetIncomeup3108.6 million; Q2 Net Income up 3% to 33.6 million; Q2 Adj. EBITDA up 8% to 40.0millionNarrowsfiscal2024guidance;nowanticipatesNetSalesbetween40.0 million Narrows fiscal 2024 guidance; now anticipates Net Sales between 418-428millionandAdjustedEBITDAbetween428 million and Adjusted EBITDA between 150-$157 million David Cote, former CEO of Honeywell and current executive chairman of Vertiv, to become executive chairman of CompoSecure following the a ...