Articles from CompoSecure, Inc.

SOMERSET, N.J., and NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO) (“CompoSecure”), a leader in metal payment cards, security, and authentication solutions, today announced the completion of the spin-off of its subsidiary, Resolute Holdings Management, Inc. (Nasdaq: RHLD) (“Resolute Holdings”), into a separate public company, effective 12:01 a.m. Eastern Standard Time on February 28, 2025.

SOMERSET, N.J., Feb. 26, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Wednesday, March 5, 2025, at 5:00 p.m. Eastern Standard Time (EST) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The Company’s results will be reported in a press release prior to the call.

SOMERSET, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO)(“CompoSecure” or the “Company”), a leader in metal payment cards, security, and authentication solutions, today announced that its Board of Directors has approved the previously announced plan to spin-off its newly formed subsidiary, Resolute Holdings Management, Inc. (“Resolute Holdings”). The Board of Directors has also approved an increase to CompoSecure’s current share repurchase authorization from $40 million up to $100 million.

SOMERSET, N.J., Dec. 30, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its intention to spin-off a newly formed subsidiary called Resolute Holdings Management, Inc. (“Resolute Holdings”). The investment team at CompoSecure, and their associated costs, will move to Resolute Holdings upon completion of the spin-off.

Honors for leadership, innovation, and excellence in payments and security solutions

87 percent of financial institutions report a rise in stolen credentials as fraud cases surge, according to new survey

SOMERSET, N.J., Nov. 08, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its operating results for the third quarter ended September 30, 2024.

SOMERSET, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced it achieved ISO/IEC 27001 certification for its premium card manufacturing operations. ISO/IEC 27001 is the globally recognized information security management system (ISMS) standard. It sets out the criteria for organizations to ensure the confidentiality, integrity and availability of sensitive information, offering rigorous standards for risk management and security controls.

SOMERSET, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Friday, November 8, 2024, at 8:30 a.m. Eastern Standard Time (EST) to discuss its financial results for the third quarter ended September 30, 2024. The Company’s results will be reported in a press release prior to the call.

SOMERSET, N.J., Oct. 21, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, is pleased to announce the appointment of Dr. Krishna Mikkilineni to its Board of Directors (“Board”), effective today. Dr. Mikkilineni brings a wealth of experience in operations and technology, along with a proven ability to deliver success for leading global organizations such as Honeywell.

Strengthened commitment to sustainability practices results in a 7-point improvement Year-over-Year

CompoSecure announces board changes with David Cote, former CEO of Honeywell, as executive chairman as well as the appointment of five new board members

Company honored for innovative design and cutting-edge technology, and Arculus recognized for leading security capabilities at the Global Cards & Payments Innovation Awards by The Digital Banker

Jon Wilk honored at The Digital Banker Global Cards & Payments Innovation Awards

Q2 Net Sales up 10% to $108.6 million; Q2 Net Income up 3% to $33.6 million; Q2 Adj. EBITDA up 8% to $40.0 million

David Cote to Become Executive Chairman

SOMERSET, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Wednesday, August 7, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company’s results will be reported in a press release prior to the call.

Company Demonstrates Commitment to Environmental, Social and Governance Practices, including Innovative Sustainability Initiatives

CompoSecure CEO received the Visionary CEO Tech Leadership Award for advancing fintech innovation

Demonstrates how consumers will be able to use a secure hardware wallet to pay directly at point of sale

Premium metal payment card leader recognized for its excellence in metal card design, environmentally-friendly manufacturing and secure payment technology

Steve Feder was recognized for his exceptional legal expertise and acumen

Adam Lowe will discuss the importance of easy-to-use security solutions to help fight fraud

Ambitious vision guided CompoSecure to deliver a payment card form factor worthy of a leading, innovative brand

SOMERSET, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the pricing of a secondary offering of 7,000,000 shares of its Class A common stock, par value $0.0001 per share, by certain shareholders of the Company (the “Selling Shareholders”) at a price to the public of $6.50 per share for total gross proceeds of $45,500,000 million (the “Offering”). In connection with the Offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase an additional 1,050,000 shares of Class A Common Stock. CompoSecure will not receive any of the proceeds from the sale of the shares by the Selling Shareholders. The Offering is expected to close on May 13, 2024, subject to customary closing conditions.

SOMERSET, N.J., May 08, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (“CompoSecure” or the “Company”) (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the commencement of an underwritten public offering (the “Offering”) of 7,000,000 shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), by certain shareholders of the Company (the “Selling Shareholders”). In connection with the Offering, the Selling Shareholders expect to grant the underwriters a 30-day option to purchase an additional 1,050,000 shares of Class A Common Stock. CompoSecure is not offering any shares of its Class A Common Stock in the Offering and will not receive any proceeds from the sale of shares of Class A Common Stock in the Offering.

Q1 Net Sales up 9% to $104.0 Million; Q1 Net Income up 59% to $17.1 Million; Q1 Adjusted EBITDA up 6% to $37.8 Million

SOMERSET, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Monday, May 6, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company’s results will be reported in a press release prior to the call.

Tim Fitzsimmons honored for his outstanding contribution to finance and community in New Jersey

Maes is honored as a leader in digital transformation

The Forbes survey reports 65% of business leaders have added multifactor authentication to support fraud prevention and customer protection

New report underscores the company’s commanding market share in the metal payment card market

Q4 Net Sales up 7% to $100 Million; Q4 Net Income up 39% to $31 Million; Q4 Adj. EBITDA up 22% to $37 Million

Dr. Adam Lowe to highlight Arculus Authenticate for the fintech market during the session, "Power Panel: Finding New Opportunities Through Digital Transformation”

SOMERSET, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Wednesday, March 6, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The Company’s results will be reported in a press release prior to the call.

New security, biometrics and authentication payment tools are coming to a wallet near you

Revises Full Year Outlook, Which Lowers Net Sales Target to $386-$392 million While Capturing Low End of Previously Issued Adjusted EBITDA Outlook

CompoSecure’s Arculus Authenticate hardware keys embed FIDO2 technology in a payment card form factor that seamlessly functions within the Microsoft ecosystem

SOMERSET, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Thursday, November 9, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The Company’s results will be reported in a press release prior to the call.

– Secures Long-Term Contract Renewal for One of Its Largest Customers –

SOMERSET, N.J., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Monday, August 14, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. The Company’s results will be reported in a press release prior to the call.

Amanda Gourbault honored with Woman in PayTech – Spearheading Growth Award

CompoSecure CEO Jon Wilk honored with Large Business Leadership Award from NJ.com

Reiterates 2023 Net Sales and Adjusted EBITDA Guidance

Usernames and passwords are not enough to protect online accounts as over 90% of Internet users worry about getting their passwords hacked

SOMERSET, N.J., April 18, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Wednesday, May 3, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. The Company’s results will be reported in a press release prior to the call.

SOMERSET, N.J., April 12, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Chief Executive Officer, Jon Wilk and Chief Product & Innovation Officer, Adam Lowe, will participate in three upcoming investor conferences in May 2023:

FY Net Sales up 41% to $378.5 Million; FY Net Income up 58% to $131.8 Million; FY Adj. EBITDA up 33% to $136.2 Million

Dr. Adam Lowe to highlight the Arculus Secure Authentication Solution for the fintech market during the session, "Secure Your Digital Platform with Just A Tap - Digital Keys For The Ultimate Customer Experience”

SOMERSET, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security and authentication solutions, will host a conference call on Wednesday, March 1, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. The Company’s results will be reported in a press release prior to the call.

The latest metal credit card designs “light up” the wallet of tomorrow and turn a payment card into a physical authentication token for enhanced security

CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security and authentication solutions, today reported it earned its Service Organization Control (SOC) 2 Type 2 certification. Successful completion of the SOC 2 Type 2 audit validates that CompoSecure’s security, data controls, privacy capabilities and technology have been designed, implemented and operated effectively to meet industry-leading security practices. This certification is particularly crucial when it comes to earning and maintaining customer trust within the payments, secure authentication and cold storage hardware wallet markets.

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment cards, security and authentication solutions, today announced financial and operating results for the third quarter ended September 30, 2022.

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment, security and authentication solutions, will host a conference call on Wednesday, November 2, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. The Company’s results will be reported in a press release prior to the call.

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment, security, and authentication solutions, today announced the appointment of Paul Galant to its Board of Directors as an independent director.

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment, security and authentication solutions, today announced that its management team will participate in two upcoming investor conferences in September 2022:

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment, security and authentication solutions, today announced that Arculus was named the “Top Innovator” in the cold storage wallet industry by ABI Research, a global technology intelligence firm. The new ABI Research report, “Cold Storage Wallets and the Security of Cryptocurrency Portfolios,” addresses the growing need for self-custody tools that allow you to maintain full control over your cryptocurrency and other digital assets.

CompoSecure, Inc. (Nasdaq: CMPO), a leader in payment, security, and authentication solutions, today announced financial results for the second quarter ended June 30, 2022.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, will release its second quarter fiscal year 2022 financial results after the market close on Thursday, August 4, 2022, at 5:00 p.m. ET.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions, today announced that it was added as a member of the US small-cap Russell 2000® and Russell 3000® Indexes maintained by FTSE Russell, effective after the U.S. market opens today as part of the 2022 Russell Index’s annual reconstitution.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, today announced the expansion of its Arculus Wallet™ product capabilities, including NFT support, WalletConnect integration and support of 16 new cryptocurrencies. This significant boost in capabilities enables users to view, send and receive NFTs and connect to the growing DeFi (decentralized finance) market through the WalletConnect integration.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions, today announced it won top honors at the International Card Manufacturing Association's (ICMA) 2022 Élan Awards in the category of Environmentally-Friendly Cards.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions will present at two upcoming investor conferences. These include:

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions, today announced financial results for the first quarter ended March 31, 2022.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, will hold their first quarter 2022 earnings call on Monday May 9, 2022 at 5:00pm ET.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, today announced Chief Product & Innovation Officer Adam Lowe has been recognized as a NJBIZ 2022 Digi-Tech Innovator Award Honoree.

CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and a cryptocurrency storage and security solution provider, today announced that President and CEO Jon Wilk was named a winner of the 2022 Manufacturing Leadership Awards for his outstanding achievement in the Digital Transformation Leadership category. Winners will be celebrated at the Manufacturing Leadership Awards Gala on June 29, 2022, in Marco Island, Florida.

CompoSecure, Inc. (“CompoSecure”) (NASDAQCMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, today released a new report based on an independent global survey from Edgar, Dunn & Company and commissioned by CompoSecure. The results of the survey found a strong affinity towards physical and metal payment cards, especially with digital-native millennials.

CompoSecure, Inc. (“CompoSecure”) (NASDAQCMPO), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions, today announced Adam Lowe, Chief Innovation Officer of Arculus™, will speak at Bitcoin 2022 in Miami, one of the world’s largest Bitcoin events. Lowe will talk about the importance of cryptocurrency security during the “Hardware Wallets: Secure Bitcoin Storage” panel on the Genesis Stage on April 8 at 11 AM ET.

CompoSecure, Inc. (“CompoSecure”), a leading provider of premium financial payment cards and cryptocurrency storage and security solutions, will hold their fourth quarter 2022 earnings call on March 10th, 2022 at 5:00pm ET.

CompoSecure, Inc. (NASDAQCMPO) (“CompoSecure”), a leading provider of premium financial payment cards and an emergent provider of cryptocurrency storage and security solutions, today announced it will present at the 24th Annual Needham Virtual Growth Conference.