NASDAQ$GPGI

GPGI Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

CompoSecure's Q2 2023 financial results were reported, revealing performance in line with expectations and a long-term contract renewal.

CompoSecure reported its Q2 2023 financial results, which were in line with expectations. The company also announced a five-year contract extension with one of its largest customers.

  • Second quarter results were in-line with expectations despite continued macroeconomic uncertainties.
  • General sentiment from customers around the premium payment card market remained positive.
  • A five-year contract extension through December 2028 was signed with one of the largest customers.
  • The company is reaffirming its guidance for full year 2023 results.

Headline financials

Total Revenue

$98.5M

Previous: $97.2M+1.4%
EPS (adj)

$0.25

Previous: $0.52-51.9%
Capital Expenditures

-$5.7M

Previous: -$3.5M-62.6%
Free Cash Flow

$47.3M

Previous: $47.9M-1.3%
Net Income

$5.74M

Previous: $8.47M-32.3%
Operating Income

$30.3M

Previous: $34.4M-11.8%
Gross Profit

$53.9M

Previous: $58.9M-8.4%
Cash & Equivalents

$22.6M

Previous: $13.4M+68.9%
Total Assets

$181M

Previous: $152M+19.2%
Stock-Based Comp

$4.39M

Previous: $3.01M+45.8%

Revenue & EPS history

CompoSecure · Revenue · Quarterly

$98.5M

Q2 2023+1.4%vs Q2 2022
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

The Company is reaffirming its guidance for full year 2023 results, with net sales expected to be in the range of $400-$425 million and adjusted EBITDA in the range of $145-$155 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.7%

Avg return

30 days after

39%

7 / 18 earnings

Positive

+25.9%

Q4 2023

Best reaction

-25.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-25.9%-26.7%-32.3%
Q4 2025-11.2%-12.5%-18.0%
Q3 2025+5.4%+4.2%-0.5%
Q1 2025+3.4%+7.7%+19.3%
Q4 2024-3.8%-11.5%-17.4%
Q3 2024-9.6%-12.2%+3.4%
Q2 2024+23.5%+35.9%+50.2%
Q1 2024+5.9%-5.9%-12.2%
Q4 2023+25.9%+27.7%+46.2%
Q3 2023-12.1%-4.1%-16.2%
Q2 2023-1.6%-4.1%-7.1%
Q1 2023-4.9%-1.8%-8.3%
Q4 2022-6.8%-4.1%+6.5%
Q3 2022-0.9%-2.8%-4.8%
Q2 2022+7.9%+9.6%-2.8%
Q1 2022-13.1%-16.1%-16.0%
Q4 2021+9.8%+12.4%-2.9%
Q4 2020+0.0%+0.2%-0.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro