NYSE$CCRD

CoreCard Corporation · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Intelligent Systems reported Q2 2020 results, demonstrating adaptability and ability to service customers.

Intelligent Systems reported a 7% increase in revenue compared to the prior year period, driven by professional services and processing and maintenance. Income from operations and net income were also up slightly from the same quarter the previous year.

  • Second quarter results were in-line with expectations.
  • Revenue increased by 7% year-over-year, driven by professional services and processing and maintenance.
  • Customer and account numbers and value for professional services increased during the quarter.
  • The company continued to invest in talent and technology while innovating new products and services.

Headline financials

Total Revenue

$8.05M

Previous: $7.51M+7.2%
EPS (adj)

$0.24

Previous: $0.23+4.3%
Capital Expenditures

-$2.77M

Previous: -$1.52M-81.9%
Free Cash Flow

$6.95M

Previous: $4.43M+56.7%
Net Income

$2.2M

Previous: $2.11M+4.4%
Operating Income

$2.7M

Previous: $2.6M+3.9%
Gross Profit

$4.36M

Previous: $4.61M-5.5%
Cash & Equivalents

$32.3M

Previous: $21.9M+47.7%
Total Assets

$54M

Previous: $35.9M+50.4%
Stock-Based Comp

$61K

Previous: $55K+10.9%

Revenue & EPS history

CoreCard · Revenue · Quarterly

$8.05M

Q2 2020+7.2%vs Q2 2019
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Revenue by segment

CoreCard · $24.2M total across 3 segments · Q1 2022

  • License Revenue
    $12.5M
  • Professional Services
    $5.9M
  • Processing & Maintenance
    $5.8M

Forward guidance

Intelligent Systems is cautiously optimistic regarding the trajectory of top-line growth in the second half of the year and anticipates returning to growth in Fiscal 2021.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+3.1%

Avg return

Earnings day

+5.8%

Avg return

5 days after

+18.9%

Avg return

30 days after

60%

37 / 62 earnings

Positive

+37.0%

Q2 2010

Best reaction

-29.6%

Q4 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025-1.1%-4.0%-4.9%
Q1 2025+14.2%+39.3%+61.9%
Q4 2024+3.1%-8.6%-7.4%
Q3 2024+11.5%+16.1%+53.0%
Q2 2024+6.1%+1.9%+21.1%
Q1 2024+8.8%+8.1%+17.3%
Q4 2023-10.8%-12.5%-9.1%
Q3 2023-21.1%
Q2 2023-4.2%
Q1 2023-4.2%
Q4 2022-0.9%
Q3 2022+2.7%
Q2 2022-0.4%
Q1 2022+3.4%
Q4 2021+0.7%
Q3 2021+1.4%
Q2 2021+7.3%
Q1 2021-3.5%
Q4 2020-19.6%
Q3 2020-5.9%
Q2 2020+10.8%
Q1 2020+3.9%
Q4 2019+0.7%
Q3 2019-5.9%
Q2 2019+1.4%
Q1 2019+35.5%
Q4 2018+2.6%
Q3 2018+22.6%
Q2 2018+21.2%
Q1 2018+34.4%
Q4 2017-6.9%
Q3 2017-5.2%
Q2 2017+10.0%
Q1 2017-2.7%
Q4 2016-5.1%
Q3 2016+9.5%
Q2 2016-6.7%
Q1 2016-1.1%
Q4 2015+4.3%
Q3 2015+2.0%
Q2 2015+5.1%
Q1 2015+2.4%
Q4 2014+0.0%
Q3 2014+5.8%
Q2 2014-9.7%
Q1 2014+4.5%
Q4 2013-25.4%
Q3 2013-1.9%
Q2 2013+9.8%
Q1 2013-4.4%
Q4 2012+26.9%
Q3 2012+1.3%
Q2 2012+3.2%
Q1 2011+0.0%
Q1 2012+1.4%
Q4 2011-2.0%
Q3 2011+7.6%
Q3 2010+7.6%
Q2 2011+37.0%
Q2 2010+37.0%
Q4 2010-29.6%
Q1 2010+5.9%

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