Cantaloupe Inc reports results for the quarter ended in March - Earnings Summary

Cantaloupe

04/05/2023 22:05

* Cantaloupe Inc  CTLP.OQ  reported quarterly adjusted
earnings of
9 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 4 cents per share.
    * Revenue rose 20% to $60.36 million from a year ago;
analysts
expected $59.92 million. 
    * Cantaloupe Inc's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cantaloupe Inc shares had fallen by 2.8% this quarter and
gained 27.4% so far this year.
    * The company reported quarterly net income of $6.66
million.
    * Wall Street's median 12-month price target for Cantaloupe
Inc is
$9.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 09:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.04           0.09           Beat
 Dec. 31 2022      -0.01          0.02           Beat
 Sep. 30 2022      -0.01          -0.13          Missed
 Jun. 30 2022      -0.01          -0.03          Missed