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USA Technologies +22% since Q4 earnings release

Sep. 16, 2016 3:19 PM ETCantaloupe, Inc. (CTLP) StockBy: Eric McCaffrey, SA News Editor4 Comments
  • The company (USAT +10.8%) expects to add 115K-125K net new connections in FY 2017, post revenue of $95M-$100M (vs. $77.4M in FY 2016) and register year-over-year growth in adjusted EBITDA and net income.
  • Chairman and CEO Stephen Herbert: "We’ve grown our business substantially and are poised for the next phase of growth as we work to improve profitability and scale our business.”
  • USA Technologies announced an expanded relationship with FreshBrew Group yesterday evening to connect 100% of that company's machines to USA Technologies' ePort Connect platform.
  • Q4 earnings release
  • Q4 earnings call transcript

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