Advertisement
- United States
- /
- Software
- /
- NYSE:CCRD
CoreCard Second Quarter 2024 Earnings: Beats Expectations
CoreCard (NYSE:CCRD) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$13.8m (down 12% from 2Q 2023).
- Net income: US$896.0k (down 52% from 2Q 2023).
- Profit margin: 6.5% (down from 12% in 2Q 2023).
- EPS: US$0.11 (down from US$0.22 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CoreCard Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 120%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for CoreCard that you should be aware of before investing here.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About NYSE:CCRD
CoreCard
Provides technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East.
Flawless balance sheet with proven track record.
Market Insights
Advertisement
Weekly Picks
LO
Lou_Basenese on Optimi Health ·
The Only Psychedelic Company Already Selling MDMA and Psilocybin to Real Patients, Yet Priced Like It Doesn’t Exist
Fair Value:US$1158.7% undervalued
32 followersusers have followed this narrative
2 commentsusers have commented on this narrative
6 likesusers have liked this narrative
WE
WealthAP on Novo Nordisk ·
Novo Nordisk (NVO): Is the "Easy Growth" Story Over?
Fair Value:DKK 407.7721.6% undervalued
48 followersusers have followed this narrative
0 commentsusers have commented on this narrative
5 likesusers have liked this narrative
VA
ValueInvestingSubstack on Zoetis ·
Zoetis down -50% over the past year
Fair Value:US$92.9220.2% undervalued
14 followersusers have followed this narrative
0 commentsusers have commented on this narrative
7 likesusers have liked this narrative
CE
CentryResearch on Centrus Energy ·
Centrus Energy: The Next Nuclear Bottleneck Isn't Reactors. It's Fuel.
Fair Value:US$1908.3% undervalued
11 followersusers have followed this narrative
0 commentsusers have commented on this narrative
6 likesusers have liked this narrative
Recently Updated Narratives
JO
John_Eric on ServiceNow ·
The Company Nobody Brags About
Fair Value:US$266.0164.1% undervalued
29 followersusers have followed this narrative
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnimalDoctorKwon on DuChemBIOLtd ·
DuChemBio absorbs Radio DNS Labs as Novartis injects 140B KRW into Korean RLT. With 100%+ OCF/EBITDA, the 6-mo lag is a de-risked steal.
Fair Value:₩10k43.5% undervalued
1 followerusers have followed this narrative
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AL
Alice3D on ServiceNow ·
NOW is an established SAAS positioned for accelerated growth over the next 5 years.
Fair Value:US$15538.4% undervalued
23 followersusers have followed this narrative
1 commentusers have commented on this narrative
0 likesusers have liked this narrative
Popular Narratives
IN
Investingwilly on Mastercard ·
Mastercard: The Best Dividend Stock You're Ignoring
Fair Value:US$75029.1% undervalued
101 followersusers have followed this narrative
1 commentusers have commented on this narrative
9 likesusers have liked this narrative
BE
benjamin_lvieq on PayPal Holdings ·
PayPal: PayPal Doesn't Need to Grow – It Needs to Stop Falling – A Mispriced Cash Machine With a Cannibal Buyback
Fair Value:US$6514.6% undervalued
69 followersusers have followed this narrative
2 commentsusers have commented on this narrative
10 likesusers have liked this narrative
BL
BlackGoat on Cerebras Systems ·
The Wafer Giant Threatening NVIDIA's GPU Hegemony
Fair Value:US$415.5449.5% undervalued
64 followersusers have followed this narrative
3 commentsusers have commented on this narrative
11 likesusers have liked this narrative
Trending Discussion
ST
StoxEurope on Koninklijke Ahold Delhaize ·
I ran Ahold Delhaize through a three-model triangulation — DCF, dividend discount, and residual income — with every assumption published and tagged as fact or assumption. The interesting result isn't a number, it's a disagreement: the point estimates run from €20,03 (RIM) through €27,64 (DDM) to €64,91 (DCF), and the pairwise overlaps form two disjoint segments — €20,36–€21,54 and €39,60–€44,56. Between €21,54 and €39,60, no two of the three models agree. [img]https://staticm.fastcomments.com/1784197249786-1000x1000-ad-range-strip.png[/img] Most of the spread is lens properties rather than company drama. A dividend model structurally can't see the roughly half of shareholder returns Ahold pays through buybacks. The book is ~96 % goodwill from the 2016 merger, which pins the residual-income reading low. And ~83 % of the DCF's value sits beyond the explicit five years, so it leans hard on the terminal assumptions. Three honest lenses, three honest answers — the disagreement is the information. Disclosures Position disclosure: The author holds no position in Ahold Delhaize as at 9 July 2026. This valuation is a StoxEurope opinion, based on honest research. Mistakes are possible. This is not investment advice. Do your own research. This article demonstrates a valuation methodology. It is not an investment recommendation, is not personalised to any reader's circumstances, and every figure in it depends entirely on the stated assumptions
1
|0
JA
JakubSP on Mercedes-Benz Group ·
Mercedes has some revolutionary EV engine tech and massive EV battery improvements to showcase. The new models reach 800 km in real-world driving range, without sacrificing the comfort, design and quality. It will re-establish trust in the brand as the premium car tech company that it has been for decades. It's a turn-around candidate for me following an established cyclical pattern - and I am putting my money on it.
0
|0