secwatch.observer — SEC 8-K summary
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Issuer:     CANTALOUPE, INC. (CTLP)
CIK:        0000896429
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001628280-23-038236
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cantaloupe Q1 FY2024 revenue $62.7M, net income $1.7M; reiterates FY guidance
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- Revenue $62.7M (+8% YoY); transaction fees $37.0M (+18%), subscription fees $18.1M (+15%).
- GAAP net income of $1.7M ($0.02/share) vs loss of $8.9M ($0.13 loss) a year ago.
- Adjusted EBITDA $7.8M vs negative $5.4M; gross margin improved to 38.8% from 24.5%.
- Active customers 29,670 (+19% YoY); active devices 1.19M (+4% YoY).
- Reiterates FY2024 guidance: revenue $275-285M, net income $9-15M, adjusted EBITDA $28-34M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896429/000162828023038236/0001628280-23-038236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896429/000162828023038236/usat-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-038236

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