CTLP Stock Recent News

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

Cantaloupe, Inc. (NASDAQ:CTLP ) Q1 2024 Results Conference Call November 9, 2023 5:00 PM ET Company Participants Dara Dierks - IR Ravi Venkatesan - CEO Scott Stewart - CFO Conference Call Participants Josh Nichols - B. Riley Gary Prestopino - Barrington Research Operator Ladies and gentlemen, thank you for standing by.

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

Cantaloupe, Inc. is a digital payments and software services company that provides technology solutions for small-ticket businesses in the unattended retail market. The company is delivering solid revenue growth, is becoming increasingly profitable, and the stock has seen some insider buying of late as well. Analysts have reissued Buy ratings on the stock, however its current valuations may be too high given the economic environment and potential for a recession in 2024.

Cantaloupe (CTLP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Cantaloupe -- formerly known as USA Technologies -- announced mixed fiscal fourth-quarter results relative to Wall Street's expectations. Growth from transaction and subscription fees more than offset declines in equipment sales.

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.