Recap: Cantaloupe Q1 Earnings

Cantaloupe (NASDAQ:CTLP) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what investors…

Cantaloupe (NASDAQ:CTLP) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Cantaloupe beat estimated earnings by 100.0%, reporting an EPS of $0.02 versus an estimate of $0.01.

Revenue was up $4.90 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 7.84% drop in the share price the next day.

Here’s a look at Cantaloupe’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.05 0.04 -0.01 -0.01
EPS Actual 0.04 0.09 0.03 -0.13
Revenue Estimate 63.71M 59.92M 58.79M 53.58M
Revenue Actual 64.17M 60.36M 61.33M 57.78M

To track all earnings releases for Cantaloupe visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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