Cantaloupe, Inc. (CTLP) Tops Q2 EPS by 2c, offers outlook

Cantaloupe, Inc. (NASDAQ: CTLP) reported Q2 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $65.4 million versus the consensus estimate of $66.97 million.

GUIDANCE:

Fiscal Year 2024 Outlook:

For the full fiscal year 2024, the Company reiterates the following:

Total Revenue to be between $275 million and $285 million
The combination of Subscription and Transaction Fees to be between $234 million and $242 million
Total net income to be between $9 million and $15 million
Adjusted EBITDA[2] to be between $28 million and $34 million
Total Operating Cash Flow to be between $28 million and $38 million

For earnings history and earnings-related data on Cantaloupe, Inc. (CTLP) click here.

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