NASDAQ$GPGI

GPGI Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

CompoSecure reported record second quarter net sales and adjusted EBITDA, driven by domestic business growth and strong international demand.

CompoSecure announced record second-quarter results, with net sales up 10% to $108.6 million and net income up 3% to $33.6 million. Adjusted EBITDA increased by 8% to $40.0 million. The company narrowed its full-year guidance, expecting net sales between $418-$428 million and adjusted EBITDA between $150-$157 million.

  • Net sales increased by 10% to $108.6 million.
  • Net income increased by 3% to $33.6 million.
  • Adjusted EBITDA increased by 8% to $40.0 million.
  • Fiscal year 2024 guidance narrowed to net sales between $418-$428 million and adjusted EBITDA between $150-$157 million.

Headline financials

Total Revenue

$109M

Previous: $98.5M+10.2%
EPS

$0.32

Previous: $0.25+28.0%
Gross Margin

51.6%

No prior period
Adjusted EBITDA

$36.7M

No prior period
Adjusted Net Income

$24.2M

No prior period
Total Debt

$331M

No prior period
Net Debt

$296M

No prior period
Net Debt Leverage

2.15

No prior period
Capital Expenditures

-$3.13M

Previous: -$5.7M+45.1%
Free Cash Flow

$62.9M

Previous: $47.3M+33.0%
Net Income

$11.1M

Previous: $5.74M+93.5%
Operating Income

$31.8M

Previous: $30.3M+4.8%
Gross Profit

$56.1M

Previous: $53.9M+4.0%
Cash & Equivalents

$35.4M

Previous: $22.6M+56.5%
Total Assets

$213M

Previous: $181M+17.8%
Stock-Based Comp

$5.24M

Previous: $4.39M+19.2%

Revenue & EPS history

CompoSecure · Revenue · Quarterly

$109M

Q2 2024+10.2%vs Q2 2023
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

CompoSecure narrowed its fiscal year 2024 guidance, now anticipating net sales between $418-$428 million and adjusted EBITDA between $150-$157 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 2024

Historical avgQ2 2024

-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%

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