Cantaloupe, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results
Cantaloupe, Inc. (CTLP)
Company Research
Source: Business Wire
Third Quarter 2024 Revenue of $67.9 Million, Driven by 15.5% Year Over Year Growth in Subscription and Transaction FeesThird Quarter 2024 Net Income Applicable to Common Shares of $4.4 Million and Adjusted EBITDA of $10.2 MillionThird Quarter 2024 Gross Margin of 39.6% MALVERN, Pa.--(BUSINESS WIRE)--Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a leading provider of end-to-end technology solutions for self-service commerce, today reported results for the third quarter ended March 31, 2024.“In the third quarter, we reported strong results, reflecting our continued expansion of operating leverage by driving revenue growth while also optimizing COGS and controlling operational expenses. While subscription revenue has grown slower than anticipated, transaction revenue growth is exceeding expectations and achieving higher profitability rates sooner,” said Ravi Venkatesan, chief executive officer, Cantaloupe. “We continue to expand our footprint domestically and intern
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News
- Cantaloupe, Inc. (NASDAQ: CTLP) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $10.00 price target on the stock.MarketBeat
- Cantaloupe, Inc. (NASDAQ: CTLP) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $10.00 price target on the stock.MarketBeat
- Cantaloupe, Inc., to Showcase Self-Service and Mobile-First Solutions at the National Restaurant Association Show [Yahoo! Finance]Yahoo! Finance
- Cantaloupe, Inc., to Showcase Self-Service and Mobile-First Solutions at the National Restaurant Association ShowBusiness Wire
- Cantaloupe, Inc. to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
CTLP
Earnings
- 5/9/24 - Beat
CTLP
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- CTLP's page on the SEC website