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Cantaloupe Inc - CTLP STOCK NEWS

Welcome to our dedicated page for Cantaloupe news (Ticker: CTLP), a resource for investors and traders seeking the latest updates and insights on Cantaloupe stock.

Cantaloupe Inc (CTLP) delivers innovative cloud-based payment solutions for unattended retail markets worldwide. This dedicated news hub provides investors and industry professionals with timely updates on the company's financial developments, technological advancements, and market strategies.

Access official press releases covering earnings reports, product launches, and strategic partnerships. Stay informed about CTLP's leadership in cashless payment systems, mobile-enabled POS solutions, and subscription-based management platforms serving vending operators, transportation services, and smart retail environments.

Our curated collection features essential updates including regulatory filings, executive appointments, and technology integrations. Discover how CTLP's wireless payment devices and real-time inventory systems continue transforming micro-transaction ecosystems across multiple industries.

Bookmark this page for continuous access to verified corporate communications and analysis-neutral reporting on Cantaloupe Inc's operational milestones.

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Cantaloupe, Inc. (Nasdaq: CTLP) recently held its inaugural Innovation Summit during The NAMA Show 2021. The summit showcased the company's strategies and cutting-edge solutions for the unattended retail market, including the enhanced Remote Price Change technology. CEO Sean Feeney emphasized ongoing innovations like mobile payments, cryptocurrency options, and touchless vending solutions. Cantaloupe also announced the acquisition of Yoke Payments, enhancing its self-checkout capabilities. The company aims to improve consumer engagement and operational efficiency.

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Cantaloupe, Inc. (Nasdaq: CTLP) has acquired the assets of Delicious Nutritious LLC, known as Yoke Payments™, enhancing its offerings in the unattended retail market. Yoke's advanced point-of-sale technology will integrate with Cantaloupe's existing platforms, providing self-checkout solutions and improving logistics for micro markets. This acquisition aims to unlock new revenue streams and expand capabilities, leveraging Yoke's existing integration with over 40 major platforms. Cantaloupe's CEO stated the deal follows a successful four-year collaboration with Yoke.

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Cantaloupe, Inc. (Nasdaq: CTLP) will showcase its latest innovations at the NAMA Show 2021 in New Orleans from August 18 to 20. The company will participate in various panels discussing topics such as the future of convenience services and payment acceptance trends. Key speakers include CEO Sean Feeney and CTO Ravi Venkatesan, highlighting the intersection of technology and consumer behavior in the retail space. The event aims to explore the future of unattended retail and consumer engagement strategies.

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Cantaloupe, Inc. (Nasdaq: CTLP) will showcase its latest innovations at the NAMA Show 2021 from August 18-20 in New Orleans, Louisiana. The company will participate in various conference panels focusing on trends in convenience services, payments acceptance, marketing hacks, and consumer behavior impacting unattended retail models. Key presentations include discussions moderated by Cantaloupe executives and industry leaders, providing insights into future consumer expectations and self-service models.

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Cantaloupe, Inc. (Nasdaq: CTLP) will host a webcast and conference call on September 2, 2021, at 4:30 p.m. ET to discuss its fourth quarter and full year financial results. A prior press release with results will be shared at approximately 4:00 p.m. ET. Participants can join by calling +1 (866) 393-1608 (domestic) or +1 (224) 357-2194 (international), referencing conference ID # 7894196. A live webcast and a telephone replay will also be accessible for those unable to attend the live event.

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Cantaloupe, Inc. (NASDAQ: CTLP) announced its inclusion in the Russell 2000® Index effective June 28, 2021, following its reconstitution. This membership is based on market capitalization, reflecting the company's significant operational and financial progress since its relisting on NASDAQ in late 2020 and rebranding earlier this year. CEO Sean Feeney expressed optimism that this inclusion will enhance the company's visibility and help rebuild shareholder value.

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Cantaloupe, Inc. (Nasdaq: CTLP) announced findings from a joint study with Michigan State University revealing a significant shift from cash to digital payments in the vending machine sector. By April 2020, digital transactions surpassed cash, with an average sales volume per machine of $235 for digital and $160 for cash. In November 2020, cash payments dropped to 40% from 52% a year earlier. Notably, contactless payments surged, especially in hospitals and military settings, indicating a growing preference for touch-free options during the pandemic.

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Cantaloupe, Inc. (NASDAQ: CTLP) has launched the ePort® Connect Platform's next-generation touch screen devices, ePort Engage and ePort Engage Combo, enhancing consumer engagement in unattended retail. These devices support all digital payments, featuring advanced security and seamless integration with the Seed™ software platform. Expected availability is in September 2021, with pre-orders starting in July. This development aims to meet the demand for contactless payments while elevating consumer experiences through personalized interactions.

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Cantaloupe, Inc. (NASDAQ:CTLP) announces its participation in several upcoming investor conferences. On May 20, 2021, the Company will host 1x1 and small group meetings during the Barclays Emerging Payments and FinTech Forum. Following this, on May 26, 2021, a fireside chat will occur at the JP Morgan TMT Conference at 2:55 PM ET. Additional meetings will be held on June 2, 2021, at the Craig Hallum Capital Group Conference, with another fireside chat scheduled for June 3, 2021, at the William Blair Annual Growth Conference at 9:00 AM ET.

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CTLP Rankings

CTLP Stock Data

549.95M
64.76M
11.33%
77.99%
3.59%
Information Technology Services
Calculating & Accounting Machines (no Electronic Computers)
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United States
MALVERN