earnings
confidence high
sentiment positive
materiality 0.70
Cantaloupe Q3 revenue $67.9M (+12.5%); adj. EBITDA $10.2M; updates FY2024 guidance
CANTALOUPE, INC.
2024-Q3 EPS reported
$0.12
revenue$195,939,000
- Q3 revenue $67.9M (+12.5% YoY); transaction fees $40.0M (+19.9%), subscription fees $19.2M (+7.4%).
- Net income $4.4M ($0.06/diluted) vs $6.7M ($0.09) prior year; adjusted EBITDA flat at $10.2M.
- Gross margin expanded to 39.6% from 37.9%; subscription/transaction fee margin 44.4%.
- Acquired CHEQ (sports & entertainment self-service tech); active devices up 5.9% to 1.22M.
- FY2024 guidance: total revenue $270-275M, subscription+transaction $232-236M, adj. EBITDA $33-36M.