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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) is a leading provider of cloud-based technologies dedicated to the unattended retail industry. Specializing in cashless payments, dynamic route scheduling, real-time pre-kitting, merchandising, and inventory management, Cantaloupe delivers an integrated end-to-end solution accessible from any mobile device.

With over 100 years of combined vending experience, Cantaloupe's expert consultation team assists vending operators in modernizing their operations, leading to increased revenue, improved route efficiencies, and streamlined back office administration. The company boasts more than 400 customers and has connected over 400,000 machines through its innovative solutions, which provide operators with full control and visibility over their operations, inventory, and personnel. This proactive and competitive approach ensures that businesses can effectively manage and grow their ventures.

Cantaloupe operates within the small ticket electronic payments industry, supplying wireless, cashless, and micro-transaction services to the unattended Point of Sale (POS) market. Its product portfolio includes ePort Cashless devices, eSuds, EnergyMisers, and value-added services such as Loyalty and Prepaid programs, Intelligent Vending, and more. The company serves a diverse range of industries including car wash, transportation, laundry, vending, kiosk, amusement, and arcade.

The company's revenue is primarily generated from subscription and transaction fees, as well as the sale or lease of equipment and services to the small ticket, unattended POS market. Cantaloupe's commitment to innovation and customer satisfaction has solidified its position as a key player in the unattended retail technology landscape.

News

Cantaloupe and Canteen of Northern California’s Partnership Highlights Technology Innovation

Rhea-AI Summary
Canteen of Northern California (CNC) has gone all-in with Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company, deploying state-of-the-art vending and micro market technology alongside the integration of Cantaloupe’s cutting-edge Seed software platform into its operations. CNC, a well-established vending operator serving Sonoma, Napa, and Marin counties, marks a major customer acquisition in the mid-market category for Cantaloupe. The company, operating approximately 550-560 vending machines and 20 micro markets, has taken a bold step in becoming the first Canteen franchise to go 'all-in' with Cantaloupe’s solutions. This comprehensive transition to Cantaloupe’s products and services started in October 2022, and includes a complete changeover to Cantaloupe’s G11 card readers, the implementation of the Seed Pro vending management system, and the replacement of previous micro market equipment with the Cantaloupe Go line of kiosks. Additionally, CNC is working to add Cantaloupe’s Cooler CaféTM in certain locations to expand its offerings to current customers.
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Cantaloupe Enhances Self-Service Business Operations with its New Seed Analytics and Seed Intelligence Tools

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Cantaloupe, Inc. (NASDAQ: CTLP) releases Seed Analytics and Seed Intelligence, premium analytics tools in its Seed Pro software platform. Tailored for vending operators, these tools provide real-time data for improved decision-making and operational efficiency, transforming the way operators leverage data for business growth.
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Announcing Cantaloupe LIVE, an Interactive Customer Event in Mexico City on 5 December!

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Cantaloupe, Inc. (NASDAQ: CTLP) to Showcase Self-Service Retail Solutions in Latin America at Cantaloupe LIVE Event in Mexico City. The event will feature demonstrations of cashless payments, telemetry, micro markets, smart cooler technology, and Seed™ software. Retailers, convenience store operators, equipment manufacturers, and sports merchandisers are invited to attend. Exclusive bundle deals for Cantaloupe’s P30 cashless devices and telemetry solutions will be offered.
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Cantaloupe, Inc. Highlights Feel Good Market’s Continued Expansion in Latin America

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Cantaloupe, Inc. (NASDAQ: CTLP) Expands Presence in Latin America with Feel Good Market, the First to Bring Micro Market Concept to Panama
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Cantaloupe, Inc. Reports First Quarter Fiscal Year 2024 Financial Results

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Cantaloupe, Inc. (Nasdaq: CTLP) Reports 8% Year-Over-Year Revenue Increase to $62.7 million in Q1 2024. GAAP Net Income of $1.7 million and Adjusted EBITDA of $7.8 million. Reiterates Fiscal Year 2024 Guidance. CEO Ravi Venkatesan highlights margin expansion, international expansion efforts in Europe and Mexico.
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Cantaloupe, Inc. to Participate in Upcoming Investor Conferences

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Cantaloupe, Inc. (NASDAQ:CTLP) to Participate in Investor Conferences, CEO and CFO to Speak at Fireside Chats and Host Meetings
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Cantaloupe, Inc. to Report First Quarter Fiscal Year 2024 Results on November 9, 2023

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Cantaloupe, Inc. will host a webcast to discuss its financial results for Q1 of fiscal year 2024 on November 9, 2023. A press release will be issued prior to the webcast.
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Cantaloupe, Inc. Showcases Cantaloupe Go Smart Store Technology at NACS Show

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Cantaloupe, Inc. (NASDAQ: CTLP) will exhibit its new smart store technology using AI and computer vision at this year’s NACS Show 2023 in Atlanta. Cantaloupe's technology provides a seamless product delivery and payment system, enhancing the c-store experience. The Smart Café, utilizing computer vision and AI technology, allows consumers to pay and grab items quickly. The Go MiniX Self-Checkout Kiosk offers a compact, cashless self-pay option. Cantaloupe's Merchandising Coolers are reliable solutions for c-store owners. No concrete financial impacts were mentioned.
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Announcing Cantaloupe LIVE, an Interactive Customer Event in the U.K. on 28 September!

Rhea-AI Summary
Cantaloupe, Inc. is showcasing its self-service technology solutions for the European market at Cantaloupe LIVE on 28 September 2023. The event will include a demonstration of cashless payments, micro markets, smart cooler technology, and Seed software. Exclusive deals for Cantaloupe's P66 cashless devices will be offered. The company aims to provide a unique solution for the U.K. and European markets.
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Cantaloupe, Inc. to Participate in Upcoming Investor Conferences

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Cantaloupe, Inc. to participate in investor conferences
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FAQ

What is the current stock price of Cantaloupe (CTLP)?

The current stock price of Cantaloupe (CTLP) is $9.58 as of December 20, 2024.

What is the market cap of Cantaloupe (CTLP)?

The market cap of Cantaloupe (CTLP) is approximately 691.2M.

What does Cantaloupe, Inc. specialize in?

Cantaloupe, Inc. specializes in cloud-based technologies for the unattended retail industry, focusing on cashless payments, dynamic route scheduling, real-time pre-kitting, merchandising, and inventory management.

How does Cantaloupe, Inc. generate revenue?

The company generates revenue primarily from subscription and transaction fees, as well as from the sale or lease of equipment and services to the small ticket, unattended POS market.

What industries does Cantaloupe, Inc. serve?

Cantaloupe serves a variety of industries including car wash, transportation, laundry, vending, kiosk, amusement, and arcade.

How many customers does Cantaloupe, Inc. have?

Cantaloupe, Inc. has more than 400 customers.

What are some key products offered by Cantaloupe, Inc.?

Key products include ePort Cashless devices, eSuds, EnergyMisers, and value-added services such as Loyalty and Prepaid programs, and Intelligent Vending.

What recent achievements has Cantaloupe, Inc. made?

Recent achievements include connecting over 400,000 machines and helping vending operators increase revenue and streamline their operations.

What is the benefit of Cantaloupe, Inc.'s solutions for vending operators?

Cantaloupe's solutions offer full control and visibility over operations, inventory, and personnel, leading to increased revenue, greater route efficiencies, and streamlined back office administration.

How does Cantaloupe, Inc.'s technology help in inventory management?

Cantaloupe's technology provides real-time data on inventory, which helps in efficient stock management and reduces the chances of stockouts or overstocking.

Can Cantaloupe, Inc.'s solutions be accessed via mobile devices?

Yes, all of Cantaloupe's integrated solutions are accessible by any mobile device.

Where can I learn more about Cantaloupe, Inc.?

Additional information about Cantaloupe, Inc. and its solutions can be found at www.cantaloupesys.com.

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Cantaloupe, Inc.

Nasdaq:CTLP

CTLP Rankings

#2829 Ranked by Market Cap
N/A Ranked by Dividends

CTLP Stock Data

691.18M
64.77M
11.25%
75.96%
2.93%
Information Technology Services
Calculating & Accounting Machines (no Electronic Computers)
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United States of America
MALVERN