Shares of Cantaloupe Inc. (NASDAQ: CTLP) jumped 5.31% in after-hours trading on Thursday, February 6th, following the release of the company's fiscal second-quarter 2025 financial results.
The self-service commerce technology provider reported fiscal Q2 revenue of $73.7 million, up 12.8% year-over-year, driven by a 16% increase in subscription and transaction revenue. Adjusted EBITDA rose 25.7% to $10.7 million.
For the quarter, Cantaloupe posted net income of $5.0 million, or $0.07 per diluted share, compared to $3.1 million, or $0.04 per share, in the prior-year period. This beat the consensus analyst estimate of $0.06 per share.
Key highlights from the results included:
Cantaloupe also announced the launch of its AdVantage program for digital advertising and Smart Store retail solutions during the quarter. The company reiterated its fiscal 2025 guidance, calling for total revenue between $308-$322 million and adjusted EBITDA of $44-$52 million.
"We are pleased with our continued success increasing operating leverage through margin expansion," said CEO Ravi Venkatesan. He highlighted the company's growth initiatives in areas like generative AI and autonomous driving.
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