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Cantaloupe Fiscal Q4 Net Income Drops, Revenue Rises; Fiscal 2025 Revenue Outlook Set
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Cantaloupe Fiscal Q4 Net Income Drops, Revenue Rises; Fiscal 2025 Revenue Outlook Set
Sep 11, 2024 4:06 AM

04:36 PM EDT, 09/10/2024 (MT Newswires) -- Cantaloupe (CTLP) reported fiscal Q4 net income late Tuesday of $0.03 per diluted share, down from $0.04 a year earlier.

Analysts polled by Capital IQ expected $0.05.

Revenue for the quarter ended June 30 was $72.7 million, up from $64.2 million a year earlier. Analysts surveyed by Capital IQ expected $75.9 million.

For fiscal 2025, the company expects revenue in the range of $308 million to $322 million. Analysts polled by Capital IQ expect $315.9 million.

Shares of Cantaloupe fell 7.4% in after-hours activity.

Price: 5.92, Change: -0.47, Percent Change: -7.36

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