Here's What Key Metrics Tell Us About Cantaloupe (CTLP) Q4 Earnings

Core Insights - Cantaloupe (CTLP) reported revenue of $72.66 million for the quarter ended June 2024, reflecting a year-over-year increase of 13.2% but falling short of the Zacks Consensus Estimate of $76.14 million, resulting in a revenue surprise of -4.57% [1] - The company's EPS was $0.03, down from $0.04 in the same quarter last year, with an EPS surprise of -40.00% compared to the consensus estimate of $0.05 [1] Financial Performance Metrics - Cantaloupe's gross margin for equipment sales was reported at 7.2%, exceeding the average estimate of 6.1% from two analysts [6] - The gross margin for subscription and transaction fees was 40.1%, slightly below the average estimate of 43.5% from two analysts [6] - Revenue from subscription and transaction fees totaled $41.20 million, which is lower than the average estimate of $42.77 million but represents a year-over-year increase of 16% [4] - Revenue from equipment sales was reported at $61.13 million, compared to the average estimate of $63.08 million, marking a year-over-year increase of 15.4% [6] - Subscription fees generated $19.90 million, slightly below the estimated $20.05 million, but still reflecting a 14% increase compared to the previous year [7] Stock Performance - Over the past month, Cantaloupe's shares have returned -3.3%, contrasting with the Zacks S&P 500 composite's increase of +2.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]