As of Oct. 14, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Today, we look at CompoSecure, which designs and manufactures payment cards for top U.S. card issuers, with over 80% market share in metal cards. The stock has shot up some 30% over the past week and a half. The catalysts for this move were better than expected Q2 results, a potentially transformational ownership transaction and an amended credit facility.
CompoSecure, Inc. (NASDAQ:CMPO ) Q2 2024 Results Conference Call August 7, 2024 5:00 PM ET Company Participants Sean Mansouri - IR Jon Wilk - CEO Tim Fitzsimmons - CFO Conference Call Participants Brian Vieten - Needham Cassie Chan - Bank of America Jacob Stephan - Lake Street Capital Markets Charles Pearce - JP Morgan Operator Good day, and thank you for standing by. Welcome to the CompoSecure Q2 2024 Earnings Call.
CompoSecure, Inc. (CMPO) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.25 per share a year ago.
CompoSecure (CMPO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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