Cantaloupe Q4 2024 GAAP EPS $0.03 Misses $0.04 Estimate, Sales $72.66M Miss $75.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cantaloupe (NASDAQ:CTLP) reported Q4 2024 earnings of $0.03 per share, missing the $0.04 estimate, and sales of $72.66M, below the $75.93M estimate. Despite missing estimates, sales increased by 13.22% compared to the previous year.
September 10, 2024 | 8:07 pm
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Cantaloupe's Q4 2024 earnings and sales both missed analyst estimates, with EPS at $0.03 and sales at $72.66M. However, sales showed a year-over-year increase of 13.22%.
Cantaloupe's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales growth of 13.22% may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100