Cantaloupe Expects FY25 Total Revenue To Be $308M - $322M, Adjusted EBITDA To Be $44M - $52M
Portfolio Pulse from Benzinga Newsdesk
Cantaloupe projects its fiscal year 2025 revenue to be between $308M and $322M, with adjusted EBITDA ranging from $44M to $52M. The company anticipates a 15%-20% growth in subscription and transaction revenue, net income of $22M-$32M, and operating cash flow of $24M-$32M.
September 10, 2024 | 8:10 pm
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Cantaloupe has provided optimistic financial guidance for FY25, expecting significant growth in revenue and profitability. This includes a 15%-20% increase in subscription and transaction revenue, and a net income of $22M-$32M.
The positive financial guidance for FY25, including revenue growth and increased profitability, suggests a favorable outlook for Cantaloupe. This is likely to boost investor confidence and positively impact the stock price in the short term.
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