Cantaloupe (CTLP) Misses Q4 Earnings and Revenue Estimates

Cantaloupe (CTLP) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of$ 0.05 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this electronic payment and wireless networking company would post earnings of$ 0.05 per share when it actually produced earnings of $0.06, delivering a surprise of 20%. Over th ...