Profitability ImprovementCTLP reported an adjusted EBITDA increase of 14% compared to the prior year, indicating improved profitability.
Revenue GrowthCTLP's revenue increased by 13% year-over-year, driven by 18% growth in transaction revenue and 12% growth in subscription revenue.
Strategic AcquisitionCantaloupe, Inc. announced the acquisition of SB Software Limited, enhancing its operational capabilities and market reach throughout Europe.