secwatch.observer — SEC 8-K summary
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Issuer:     CANTALOUPE, INC. (CTLP)
CIK:        0000896429
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001628280-24-022214
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cantaloupe Q3 revenue $67.9M (+12.5%); adj. EBITDA $10.2M; updates FY2024 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896429/000162828024022214/0001628280-24-022214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896429/000162828024022214/usat-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022214

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