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Stock impact report

CompoSecure Reports Fourth Quarter and Full Year 2023 Financial Results

CompoSecure, Inc. - Class A (CMPO) 
Company Research Source: GlobeNewswire
Q4 Net Sales up 7% to $100 Million; Q4 Net Income up 39% to $31 Million; Q4 Adj. EBITDA up 22% to $37 Million Issues 2024 Guidance of Net Sales Between $408-$428 Million; Adj. EBITDA Between $147-$157 Million        Announces up to $40 Million Securities Repurchase Program to Capitalize on Strong Financial Position SOMERSET, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its financial and operating results for the fourth quarter and full year ended December 31, 2023. “Our fourth quarter provided a strong close to 2023, capping off another year of record revenue and profitability. In addition, profitability was in-line with our original guidance issued in March 2023,” said Jon Wilk, President and CEO of CompoSecure. “Sustained U.S. customer demand continued to drive our domestic net sales, which highlighted a record quarter and was up 9% for the year." “We have a Show less Read more
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