Cantaloupe: Fiscal Q1 Earnings Snapshot

MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Cantaloupe, Inc. (CTLP) on Thursday reported fiscal first-quarter earnings of $3.6 million.

On a per-share basis, the Malvern, Pennsylvania-based company said it had net income of 4 cents.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share.

The electronic payment and wireless networking company posted revenue of $70.8 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $70.5 million.

Cantaloupe expects full-year revenue in the range of $308 million to $322 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTLP at https://www.zacks.com/ap/CTLP

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up