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CPI Card releases Q4 and full year 2020 results

Feb 25, 2021 - Marketline Newswire
Financial Results

CPI Card Group has posted financial results for the fourth quarter and full year ended December 31, 2020.

"Our 2020 results were strong, driven by another year of solid execution of our customer-centric strategy whereby net sales increased 12% and our profitability significantly increased," said Scott Scheirman, President and Chief Executive Officer of CPI. "Despite challenges presented by the COVID-19 pandemic, we believe we gained overall market share in 2020 and executed key initiatives...