USA Technologies (USAT) Misses Q4 EPS by 3c; Guides FY17 Revenue Ahead of Views

September 13, 2016 6:31 AM EDT
Get Alerts USAT Hot Sheet
Trade USAT Now!
Join SI Premium – FREE

Get the Pulse of the Market with's Pulse Picks. Get your Free Trial here.

USA Technologies (NASDAQ: USAT) reported Q4 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $21.9 million versus the consensus estimate of $21.2 million.

  • 429,000 connections to ePort service, including 6,000 new connections attributable to the VendScreen acquisition which closed on January 15, 2016, representing a year-over-year increase of 29%
  • Record 11,050 customers compared to 9,600 as of a year ago, a year-over-year increase of 15%


USA Technologies sees FY2017 revenue of $95-100 million, versus the consensus of $91.5 million. For full fiscal year 2017, management expects to add between 115,000 and 125,000 net new connections for the year, bringing total connections to our service to a range of 544,000 to 554,000.

For earnings history and earnings-related data on USA Technologies (USAT) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance, Hot Guidance

Related Entities

Earnings, Definitive Agreement

Add Your Comment