Cantaloupe (CTLP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Cantaloupe (CTLP) reported revenue of $70.84 million for the quarter ended September 2024, marking a 13% year-over-year increase and exceeding the Zacks Consensus Estimate of $70.54 million by 0.42% [1] - The company's EPS for the same period was $0.04, up from $0.02 a year ago, aligning with the consensus EPS estimate [1] Financial Performance Metrics - Gross Margin for Equipment sales was 11.4%, surpassing the average estimate of 6.8% from two analysts [3] - Gross Margin for Subscription and transaction fees was 41.2%, slightly below the average estimate of 43.1% from two analysts [3] - Revenue from Subscription and transaction fees reached $63.79 million, matching the three-analyst average estimate and reflecting a year-over-year increase of 15.7% [3] - Revenue from Equipment sales was $7.04 million, exceeding the average estimate of $6.66 million from three analysts, but showing a year-over-year decline of 6.7% [3] - Revenue from Subscription and transaction fees - Transaction fees amounted to $43.60 million, above the average estimate of $43.03 million, with a year-over-year increase of 17.9% [3] - Revenue from Subscription and transaction fees - Subscription fees totaled $20.19 million, slightly below the average estimate of $20.53 million, reflecting a year-over-year increase of 11.5% [3] Stock Performance - Cantaloupe shares have returned 4.2% over the past month, outperforming the Zacks S&P 500 composite's 3.2% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]