secwatch.observer — SEC 8-K summary
======================================

Issuer:     CANTALOUPE, INC. (CTLP)
CIK:        0000896429
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015767
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cantaloupe Q3 revenue $60.4M (+20% YoY); record Adj. EBITDA $10.1M (+176%)
--------------------------------------------------------------------------

- Net income $6.7M ($0.09 EPS) vs $1.8M ($0.03) in prior year; gross margin improved to 37.9% from 32.2%.
- Transaction fees $33.4M (+21% YoY); subscription fees $17.9M (+22%); equipment sales $9.1M (+12%).
- Active customers 27,598 (+21% YoY); active devices 1.15M (+2%); dollar volume $653.6M (+16%).
- Reiterated FY2023 guidance: revenue $240-250M, GAAP net income ($2)-$3M, Adj. EBITDA $12-17M.
- Three Square Market (32M) integration accelerating micro markets business; Cantaloupe ONE platform gaining traction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896429/000162828023015767/0001628280-23-015767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896429/000162828023015767/usat-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015767

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer