NYSE$CCRD

CoreCard Corporation · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

CoreCard's Q4 2023 results reflected a decrease in revenue compared to the previous year, offset by growth in processing and maintenance revenue. Net income and earnings per share also decreased.

CoreCard Corporation reported a decrease in total revenue for Q4 2023, with $12.2 million, a 23% decrease compared to the same period in 2022. The decrease was offset by an 8% increase in processing and maintenance revenue. Net income was $0.5 million, and earnings per diluted share were $0.06.

  • Total revenue for Q4 2023 was $12.2 million, a 23% decrease year-over-year.
  • Processing and maintenance revenue increased by 8% year-over-year.
  • Net income for Q4 2023 was $0.5 million, compared to $1.0 million in the same period last year.
  • Earnings per diluted share for Q4 2023 was $0.06, compared to $0.12 in the prior year quarter.

Headline financials

Total Revenue

$12.2M

Previous: $15.8M-23.2%
EPS (adj)

$0.06

Previous: $0.24-75.0%
Capital Expenditures

$400K

Previous: $1.2M-66.7%
Net Income

$500K

Previous: $1M-50.0%
Operating Income

$400K

Previous: $3M-86.7%
Gross Profit

$3.97M

Previous: $6.99M-43.2%
R&D Expense

$2.38M

No prior period

Revenue & EPS history

CoreCard · Revenue · Quarterly

$12.2M

Q4 2023-23.2%vs Q4 2022
Beat estimate in 14 of 15 quarters(93%)
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—

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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