NYSE$CCRD
CoreCard Corporation · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter of fiscal year 2021, driven by CoreCard's flexible platform, resulting in substantial top-line growth and meaningful growth in income from operations and net income.
Intelligent Systems reported a strong second quarter with a 66% increase in total revenue to $13.4 million. This growth led to significant increases in income from operations and net income, driven by CoreCard's platform.
- Total revenue increased by 66% year-over-year to $13.4 million.
- Income from operations increased compared to the prior year quarter.
- Net income increased compared to the prior year quarter.
- Earnings per diluted share increased to $0.32 compared to $0.24 in the prior year quarter.
Headline financials
Revenue & EPS history
CoreCard · Revenue · Quarterly
$13.4M
Revenue by segment
CoreCard · $24.2M total across 3 segments · Q1 2022
- License Revenue$12.5M—51.7%
- Professional Services$5.9M—24.4%
- Processing & Maintenance$5.8M—24.0%
Forward guidance
The company expects continued license revenue in the second half of 2021, with potential delays pushing some revenue into 2022. They anticipate top-line growth of 20% to 25% for the year.
Tailwinds
- Expect license revenue in the second half of 2021.
- Investments in infrastructure are already showing results.
- On track to achieve top-line growth of 20% to 25% for the year.
- Partnerships validate CoreCard platform and strategic investments.
- Confident in strategy and ability to generate long-term value for shareholders.
Headwinds
- A portion of license revenue is expected to be pushed into 2022 due to routine project delays with key clients.
- COVID-19 trajectory in India remains fluid.
- Potential delays in product development.
- Competitive pressures.
- Changes in customer requirements or financial condition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports
+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
| Quarter | Report date | Reaction (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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