earnings
confidence high
sentiment positive
materiality 0.65
Cantaloupe Q2 FY2024 revenue $65.4M (+7% YoY); net income $3.1M vs loss
CANTALOUPE, INC.
2024-Q2 EPS reported
$0.07
revenue$128,042,000
- Revenue $65.4M (+7% YoY); transaction fees $37.9M (+17%), subscription fees $18.1M (+10%)
- Net income $3.1M ($0.04/share) vs net loss $0.6M (($0.01)/share) a year ago
- Adjusted EBITDA $8.5M vs $3.9M; gross margin 37.2% vs 30.1% prior year
- Full-year FY2024 guidance reaffirmed: revenue $275-285M, Adj EBITDA $28-34M
- Active devices 1.23M (+7%), customers 30,027 (+14%); acquired CHEQ (no deal value)