Cantaloupe: Fiscal Q1 Earnings Snapshot

MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Cantaloupe, Inc. (CTLP) on Thursday reported fiscal first-quarter earnings of $2 million.

On a per-share basis, the Malvern, Pennsylvania-based company said it had profit of 2 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The electronic payment and wireless networking company posted revenue of $62.7 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $64.2 million.

Cantaloupe expects full-year revenue in the range of $275 million to $285 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTLP at https://www.zacks.com/ap/CTLP