Payment Card Specialist CPI Card Group Faces Fraud Investigation Following Steep Earnings Decline

The payment card technology sector is facing significant turbulence as CPI Card Group Inc. finds itself at the center of a potential legal storm. Pomerantz LLP, a prominent securities litigation firm, has initiated an investigation into the company on behalf of investors. This development comes just one month after the company reported disastrous quarterly results that triggered a massive selloff in its shares.

CPI Card Group’s second quarter 2025 financial performance revealed a troubling divergence between top-line growth and bottom-line results. While revenue increased by 9% to $129.8 million, the company experienced a devastating 91% collapse in profitability. Earnings per share plummeted to just $0.04, dramatically missing analyst expectations of $0.67 per share. This catastrophic earnings miss prompted investors to abandon the stock, sending shares down... Read more...