Cantaloupe: Fiscal Q1 Earnings Snapshot

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MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Cantaloupe, Inc. (CTLP) on Thursday reported fiscal first-quarter earnings of $3.6 million.

On a per-share basis, the Malvern, Pennsylvania-based company said it had net income of 4 cents.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share.

The electronic payment and wireless networking company posted revenue of $70.8 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $70.5 million.

Cantaloupe expects full-year revenue in the range of $308 million to $322 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTLP at https://www.zacks.com/ap/CTLP

 

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