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Cantaloupe, Inc. (NASDAQ:CTLP ) Q4 2023 Earnings Conference Call August 6, 2023 5:00 PM ET Company Participants Marissa Neuman - Investor Relations Ravi Venkatesan - Chief Executive Officer Scott Stewart - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Gary Prestopino - Barrington Research Chris Kennedy - William Blair George Sutton - Craig-Hallum Operator Thank you for standing by, and welcome to the Cantaloupe Fourth Quarter Fiscal Year 2023 Earnings Conference Call.
While the top- and bottom-line numbers for Cantaloupe (CTLP) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cantaloupe (CTLP) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.03 per share a year ago.
Cantaloupe (CTLP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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 fourth quarter and fiscal year 2023 on Wednesday, September 6, 2023 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.
David Abrams (Trades, Portfolio), the leader of Abrams Capital Management, disclosed his equity portfolio for the first quarter of 2023 last month.
Cantaloupe, Inc. (NASDAQ:CTLP ) Q3 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Dara Dierks – Investor Relations Ravi Venkatesan – Chief Executive Officer Scott Stewart – Chief Financial Officer Conference Call Participants Mike Latimore – Northland Capital Markets George Sutton – Craig-Hallum Gary Prestopino – Barrington Research Chris Kennedy – William Blair Operator Good day, ladies and gentlemen. Thank you for standing by.
CTLP is currently loss-making in the bottom line and it does not appear likely to become profitable in the foreseeable future. The company relies on non-financing means of generating cash which is not sustainable.
In 2023, Cantaloupe could turn profitable again.
Cantaloupe (CTLP) delivered earnings and revenue surprises of 0% and 4.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?