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Cantaloupe, Inc. reported a 24% year-over-year increase in first-quarter revenue, driven by increases in transaction and equipment revenues. The company reaffirmed its fiscal year 2022 outlook.
First quarter revenue increased 24% year over year.
Record transaction fee revenue of $26.4 million.
Operating loss decreased from $3.6 million to $1.1 million year over year.
The Company completed the acquisition of certain assets and liabilities of Delicious Nutritious LLC, doing business as Yoke Payments
The Company provided revenue guidance for the full fiscal year 2022. Revenue is expected to be between $200 million and $210 million