What caused CTLP's EPS decline in Q4 2024?
4/12/2025 05:10pm
Cantaloupe's EPS experienced a decline in Q4 2024, falling from $0.08 to $0.06. This decline can be attributed to several factors:
1. **Revenue Shortfall**: While Cantaloupe reported revenue growth in Q4 2024, it fell short of analysts' expectations. The company's revenue was estimated at $69.82 million, but it reported $67.90 million. This shortfall could contribute to the EPS decline, as the company's profitability is affected by its revenue stream.
2. **Cost Management Challenges**: Cantaloupe faced challenges in cost control, as evidenced by a low gross margin of 37.3%. These cost management issues could lead to reduced profitability, resulting in a lower EPS.
In summary, Cantaloupe's EPS decline in Q4 2024 was likely a result of a combination of revenue shortfall and cost management challenges.