CantaloupeNASDAQ: CTLP

PHILADELPHIA--(BUSINESS WIRE)---- $CTLP #cantaloupeinc--Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, is exhibiting at this year's Apartmentalize Show, June 19 through 21, in Philadelphia. Cantaloupe will be showcasing its Micro Market and Smart Cooler solutions in booth #2956, which is held at the Pennsylvania Convention Center in Philadelphia. “Bringing in the convenience of shopping for food, beverages and household necessities right into an apartme.

DETROIT--(BUSINESS WIRE)---- $CTLP #CHEQ--Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, and its Cheq Lifestyle Technology, Inc. brand CHEQ, is excited to announce the signing of a new deal with Detroit City FC at Keyworth Stadium to be the exclusive point-of-sale (POS) platform for all soccer games and live events at the stadium. The Detroit City FC are the first professional United States Soccer (USL) team to leverage the CHEQ POS platform. T.

Cantaloupe's third quarter results indicated lower-than-expected subscription revenue growth, resulting in a downgrade of the stock to a BUY. However, the company's international expansion and increased margins from payment transactions were bright spots in the report. Management also reiterated their goal of achieving a 70% EBITDA CAGR over the next two years, suggesting promising growth prospects ahead.

The mean of analysts' price targets for Cantaloupe (CTLP) points to a 54.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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Cantaloupe, Inc. (CTLP) Q2 2024 Earnings Call Transcript

The headline numbers for Cantaloupe (CTLP) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Evaluate the expected performance of Cantaloupe (CTLP) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Cantaloupe is a market leader in the growing self-service retail industry and has potential for long-term growth in new verticals and regions. Analysts are cautious about investing in Cantaloupe due to its high P/E ratio. Cantaloupe's transformation to a subscription model should drastically increase margins.