CoreCard Revenue Jumps 28 Percent in Q2

CoreCard (NYSE:CCRD), a provider of financial technology software and services, delivered its second quarter 2025 earnings on August 14, 2025. The main highlight was a surge in both revenue and adjusted earnings per share (non-GAAP), each beating analyst estimates. Revenue (GAAP) reached $17.6 million, ahead of the $16.45 million GAAP consensus, and adjusted non-GAAP EPS landed at $0.31, outpacing the $0.27 expected (Non-GAAP). Strong growth in its core professional services segment led the upside, while overall profitability and operating margins improved compared to the prior year. The period marks a key moment for the company as it prepares for a pending acquisition by Euronet Worldwide. Overall, the quarter demonstrated solid operational execution and financial performance.

Source: Analyst estimates for the quarter provided by FactSet.

CoreCard is a technology firm offering software platforms for processing and managing credit, debit, and prepaid card accounts. Its main product, CoreENGINE™, is a proprietary system that lets banks and fintech companies handle various types of card programs. CoreCard’s largest revenue category is professional services, including project implementations, software customization, and technical consulting. Other revenue streams include processing services, system maintenance, and third-party fees. License and product revenue have been absent in recent quarters (GAAP, Q1 and Q2 2025). Professional services are largely driven by client-specific projects and ongoing demands for customization.

Continue reading

Source Fool.com