Cantaloupe Q1 Revenue $62.7M vs $64.098M Est., EPS $0.02
Portfolio Pulse from Benzinga Newsdesk
Cantaloupe reported its Q1 revenue of $62.7M, which is slightly lower than the estimated $64.098M. The company's EPS stands at $0.02.

November 09, 2023 | 9:57 pm
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Cantaloupe's Q1 revenue was lower than expected, which could negatively impact investor sentiment.
Cantaloupe's Q1 revenue fell short of estimates, which could lead to a negative market reaction. Investors often use earnings reports as a gauge of a company's health and future prospects. A miss on revenue estimates can be seen as a sign of weakness, potentially leading to a drop in the stock price.
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