Technology firm Cantaloupe Inc slips on lackluster Q4 results

Cantaloupe

11/09/2024 11:57

** Shares in technology co Cantaloupe Inc  CTLP.O  fall 6.9%
to $5.95 premarket
    ** Co reports Q4 revenue of $72.7 mln; below Wall Street
view of $75.9 mln - LSEG data 
    ** Q4 net income of $2.2 mln misses average analyst estimate
of $3.4 mln 
    ** Average brokerage rating on CTLP "buy"; their median PT
$10 
    ** Up to Wednesday's close, stock had fallen 13.8% YTD

 (Reporting by Khushi Singh in Bengaluru)
 ((Khushi.Singh@thomsonreuters.com;))