Cass: Q1 Earnings Snapshot
By AP News
Published - Apr 17, 2023, 05:12 PM ET
Last Updated - Jun 22, 2023, 06:52 AM EDT
ST. LOUIS (AP) — ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Monday reported first-quarter profit of $7.1 million.
On a per-share basis, the St. Louis-based company said it had profit of 51 cents.
The invoice and payment management company posted revenue of $49.3 million in the period.
Cass shares have fallen 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $42.08, a rise of almost 5% in the last 12 months.
