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Stock impact report

CoreCard Corporation Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

CoreCard Corporation (CCRD) 
Company Research Source: Yahoo! Finance
credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter and full year ended December 31, 2023. “Overall revenue of $12.2 million in the fourth quarter was in-line with our expectations, reflecting continued year-over-year growth in processing and maintenance revenue of 8%, which was offset by lower professional services revenue, primarily driven by our largest customer. Additionally, our full year processing and maintenance revenue grew by 18% compared to full year 2022,” said Leland Strange, CEO of CoreCard Corporation. "We continue to invest in our platform and processing capabilities, which are showing encouraging results. CoreCard is a best-in-class platform that is extremely well positioned to capture the growing demand for next-generation card management platforms by large and complex modern card issuers." Financial Highlights for the three and twelve months ended December 31, Show less Read more
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