Cantaloupe, Inc. (NASDAQ:CTLP) Q1 2024 Earnings Call Transcript

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Gary Prestopino: So in terms of I mean, Three Square Markets was doing business in Europe, correct, and they had some seed software there, or they had their product there and you were going to try and cross sell Seed software. Is that correct?

Scott Stewart: That’s correct. And we actually have implemented Seed software and cross sold already. That happened a couple of quarters ago and it is in place.

Operator: [Operator Instructions]. Our next question comes from Marc Feldman with William Blair. Marc, if your phone is on mute, can you unmute, please? Marc, you may want to try to log out and log back in. Please stand by. I am showing no further questions at this time. I would now like to turn the call back to Ravi for closing remarks.

Ravi Venkatesan: Well, thank you all for joining this call. To summarize, we continue to be very excited about the trajectory we are on in terms of expanding operating leverage and growing our earnings in an aggressive manner. We are also pleased with the traction on both growth drivers for the business, international expansion, as well as growing the micro market business, including adding newer products like smart coolers and targeting newer subverticals like gyms and fitness centers, et cetera. So a lot of positive momentum from the first quarter as we’ve kicked off the year and look forward to continuing to drive the business forward through the next few quarters and getting to our long-term goals. Thank you.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.

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