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CPI Card Group Q2: Strong Growth, But Beware Of Margin Decline
CPI Card Group Inc. reported Q2 results with consistent financial momentum. Revenue momentum remained good, driven by Secure Card Solutions strength. Prepaid Solutions revenues have been more shaky for PMTS. PMTS' margin level has continued to decline. There are some transitory factors, but PMTS' margin trajectory is a clear focus point going forward.
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