Cantaloupe, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results Third Quarter 2024 Net Income Applicable to Common Shares of $4.4 Million and Adjusted EBITDA of $10.2 Million MALVERN, Pa. -- May 9, 2024 -- 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. Third Quarter 2024 Key Financial Results: ______________ We define average revenue ...

With innovations such as artificial intelligence taking the limelight, publicly traded technology enterprises have naturally accrued investor dollars. Still, a better approach may be to consider underappreciated tech stocks. Believe it or not, they do exist.Fundamentally, the biggest advantage that these less-heralded companies enjoy is lowered expectations. The challenge with the usual suspects is that it’s possible the market has grown jaded with their brilliant performances. Therefore, they need somethin ...

In its upcoming report, Cantaloupe (CTLP) is predicted by Wall Street analysts to post quarterly earnings of $0.05 per share, reflecting a decline of 44.4% compared to the same period last year. Revenues are forecasted to be $69.57 million, representing a year-over-year increase of 15.3%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

Cantaloupe (CTLP) closed the last trading session at $6.40, gaining 1.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.90 indicates a 54.7% upside potential.The average comprises five short-term price targets ranging from a low of $9 to a high of $10.50, with a standard deviation of $0.55. While the lowest estimate indicates an increase of 40.6% from the current price level, t ...

We live in an age dominated by technology. Over the past two decades, tech stocks have massively outperformed the overall market, driving major indexes to new heights. Big tech has delivered exponential returns thanks to transformative trends including mobile computing, cloud services, and e-commerce.I believe we’re on the cusp of another wave of outsized growth led by tech stocks. This time, this growth wave will be fueled by artificial intelligence (AI) and its more advanced sibling, artificial general in ...

Cantaloupe, Inc. (NASDAQ:CTLP) Q2 2024 Earnings Conference Call February 8, 2024 5:00 PM ET Company Participants Dara Dierks - Investor Relations Ravi Venkatesan - Chief Executive Officer Scott Stewart - Chief Financial Officer Conference Call Participants Cris Kennedy - William Blair George Sutton - Craig Hallum Griffin Boss - B. Riley Operator Thank you for standing by and welcome to Cantaloupe's Second Quarter Fiscal Year 2024 Earnings Conference Call. [Operator Instructions] I would now like to hand the ...

Cantaloupe (CTLP) reported $65.36 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 6.6%. EPS of $0.04 for the same period compares to -$0.01 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $66.92 million, representing a surprise of -2.34%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being $0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

10. REVENUES Based on similar operational characteristics, the Company's revenues are disaggregated as follows: | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------------------------|-------|-------------------------|-------|-----------------------------|-------|-----------------------| | ($ in thousands) | | Three months \n2023 | ended | December 31, \n2022 | | Six months ended \n2023 | | December 31, \n2022 | | Transaction fees | $ | 37,892 | $ ...

In its upcoming report, Cantaloupe (CTLP) is predicted by Wall Street analysts to post quarterly earnings of $0.02 per share, reflecting an increase of 300% compared to the same period last year. Revenues are forecasted to be $66.92 million, representing a year-over-year increase of 9.1%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company ...

aquaArts studio/E+ via Getty Images Seeking Alpha analysts have been cautious about investing in Cantaloupe (NASDAQ:CTLP) because of its high P/E ratio. And I was initially skeptical when, after recommending Asbury Automotive (ABG) to readers in November in part because David Abrams owns such a large stake, one of my readers recommended I look into Cantaloupe, another one of Abrams' holdings. But after looking closely at recent operating performance, I have found that analyst estimates are unreasonably low. ...