Cantaloupe (NASDAQ:CTLP) Posts Earnings Results, Misses Estimates By $0.02 EPS

Cantaloupe (NASDAQ:CTLP) released its quarterly earnings results on Tuesday. The technology company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.02), Yahoo Finance reports. Cantaloupe had a return on equity of 7.36% and a net margin of 4.85%. The firm had revenue of $72.66 million for the quarter, compared to analysts’ expectations of $76.14 million. During the same period in the prior year, the firm posted $0.04 earnings per share. Cantaloupe updated its FY 2025 guidance to EPS.

Cantaloupe Price Performance

Shares of CTLP stock opened at $6.39 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $6.91 and a two-hundred day simple moving average of $6.61. The stock has a market capitalization of $465.26 million, a price-to-earnings ratio of 39.94 and a beta of 1.70. Cantaloupe has a twelve month low of $5.74 and a twelve month high of $7.91.

Analysts Set New Price Targets

CTLP has been the subject of several recent analyst reports. Northland Securities restated an “outperform” rating and set a $10.00 target price on shares of Cantaloupe in a research report on Friday, July 12th. Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of Cantaloupe in a research note on Friday, September 6th.

Cantaloupe Company Profile

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment or asset tracking devices.