Compared to Estimates, Cantaloupe (CTLP) Q2 Earnings: A Look at Key Metrics

Core Insights - Cantaloupe (CTLP) reported revenue of $73.72 million for the quarter ended December 2024, marking a year-over-year increase of 12.8% and an EPS of $0.07 compared to $0.04 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $75.17 million, resulting in a surprise of -1.93%, while the EPS exceeded expectations with a surprise of +16.67% [1] Financial Performance Metrics - Gross Margin for Equipment sales was reported at 9.1%, lower than the estimated 10.9% [4] - Subscription and transaction fees generated revenues of $65.09 million, slightly below the estimated $65.69 million, but reflecting a year-over-year increase of 16.2% [4] - Equipment sales revenues were $8.64 million, which is below the estimated $9.63 million, representing a year-over-year decline of 7.4% [4] - Transaction fees within subscription and transaction fees amounted to $44.39 million, compared to the estimated $44.98 million, showing a year-over-year increase of 17.2% [4] - Subscription fees were reported at $20.69 million, slightly below the average estimate of $20.85 million, with a year-over-year increase of 14.1% [4] Stock Performance - Cantaloupe's shares have returned -0.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]