CTLP Stock Recent News

MALVERN, Pa.--(BUSINESS WIRE)--Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, today announced that management will host a webcast to discuss its financial results for the third quarter of fiscal year 2024 on Thursday, May 9, 2024 at 5:00 p.m. Eastern Time. A press release highlighting the financial results will be issued at approximately 4:05 p.m. Eastern Time the same day. A live webcast of the call may be accessed in the Inves.

The mean of analysts' price targets for Cantaloupe (CTLP) points to a 54.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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Cantaloupe, Inc. (CTLP) Q2 2024 Earnings Call Transcript

The headline numbers for Cantaloupe (CTLP) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Evaluate the expected performance of Cantaloupe (CTLP) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Cantaloupe is a market leader in the growing self-service retail industry and has potential for long-term growth in new verticals and regions. Analysts are cautious about investing in Cantaloupe due to its high P/E ratio. Cantaloupe's transformation to a subscription model should drastically increase margins.

Cantaloupe has acquired Cheq Lifestyle Technology (CHEQ) to expand into the sports, entertainment and restaurant sectors with a suite of self-service commerce solutions. “There is tremendous synergy between both of our product lines and solutions that will grow our footprint across our combined customer base,” Cantaloupe CEO Ravi Venkatesan said in a Thursday (Feb. 1) press release.

MALVERN, Pa.--(BUSINESS WIRE)--Cantaloupe, Inc. (Nasdaq: CTLP), a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, today announced that management will host a webcast to discuss its financial results for the second quarter of fiscal year 2024 on Thursday, February 8, 2024 at 5:00 p.m. Eastern Time. A press release highlighting the financial results will be issued at approximately 4:05 p.m. Eastern Time the same day. A l.

A salmonella outbreak linked to pre-cut cantaloupe melon has killed eight people in the US and Canada.