CompoSecure Beats EBITDA Estimates But Analyst Cuts Price Forecast Amid Resolute Spin-Off And Growth Outlook

Needham analyst John Todaro maintained CompoSecure Inc CMPO with a Buy and lowered the price target from $16 to$15.On Wednesday, CompoSecure reported fourth-quarter revenue of $101 million versus Todaro’s$103 million and street’s $102 million. Quarterly EBITDA was$34 million compared to Todaro’s $32 million and street’s$31 million.Also Read: Analysts Highlight Credo Hyperscaler Partnerships With Amazon, Microsoft, xAI Amid AI BoomThe quarterly adjusted EPS was $0.20 compared to Todaro’s$0.18 estimate a ...