CMPO - CompoSecure Analysts Boost Their Forecasts Following Earnings Beat | Benzinga
CompoSecure, Inc. (NASDAQ: CMPO) reported better-than-expected fourth-quarter financial results on Wednesday.
CompoSecure posted adjusted earnings of 26 cents per share, beating market estimates of 23 cents per share. The company’s quarterly sales came in at $99.90 million versus expectations of $96.49 million, according to data from Benzinga Pro.
"Our fourth quarter provided a strong close to 2023, capping off another year of record revenue and profitability. In addition, profitability was in-line with our original guidance issued in March 2023,” said Jon Wilk, President and CEO of CompoSecure. "Sustained U.S. customer demand continued to drive our domestic net sales, which ...