poSecure(CMPO) - 2024 Q3 - Quarterly Results
poSecure(CMPO)2024-11-08 12:06
Exhibit 99.1 CompoSecure Reports Strong Third Quarter 2024 Financial Results · Q3 Net Sales up 11% to $107.1 million · GAAP Net Income/(Loss) of $(85.5) million due to significant stock price improvement negatively impacting the fair value of non-cash items · Q3 Adjusted Net Income up 18% to $25.6 million · Q3 Adjusted EBITDA up 13% to $40.0 million · Completed Resolute Holdings transaction; appointed new Executive Chairman and Board members · Revises 2024 outlook: Net Sales guidance to range between $418-$ ...