Cantaloupe, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 08, 2024 at 04:47 pm EST
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Cantaloupe, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was USD 65.36 million compared to USD 61.33 million a year ago. Net income was USD 3.12 million compared to net loss of USD 0.573 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
For the six months, revenue was USD 128.04 million compared to USD 119.11 million a year ago. Net income was USD 5.13 million compared to net loss of USD 9.15 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to diluted loss per share from continuing operations of USD 0.13 a year ago.
Cantaloupe, Inc. is a global technology company. Its vertically integrated solutions fuel growth by offering micro-payments processing, enterprise cloud software, IoT technology, as well as kiosk and POS innovations. It offers a variety of solutions for self-service commerce, which enable the acceptance of digital payments and allow its customers to simplify inventory, analytics, warehouse, logistics, and back-office management. Its hardware includes Cantaloupe card readers, the Companyâs integrated payment device, as well as Cantaloupe Go POS kiosks, the Companyâs range of POS terminals, which are both deployed in self-service, applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others. Its Cantaloupe Go product line provides a variety of self-checkout kiosks. Its solutions are used by a variety of consumer services in North America, Latin America, Europe, and Australia, including vending machines, laundromats and others.
CANTALOUPE, INC. 
