- Revenues rose 7% from
$61.33 million in Q2 2023 to$65.4 million in the quarter endingDec. 31, 2023 , driven by 15% growth in subscription and transaction fees. -
Net income improved from a
$573,000 loss to a$3.1 million gain in the comparative quarters. -
Net earnings improved from a
one-cent loss to a4-cent gain on both a basic and diluted basis. -
Transaction fees rose 17% to
$37.9 million . -
Subscription fees rose 10% to
$18.1 million . -
Equipment sales rose 25% to
$9.3 million . -
Dollar transaction volume rose 12% to
$730.1 million . - Transactions totaled 286.7 million.
-
Average revenue per device rose from
$160.4 to$181.91 .
Shares traded at
"In the second quarter, we continued to execute on our strategy of expanding operating leverage and driving strong profitability," CEO
For fiscal 2024, the company reiterated the following:
- Total revenue between
$275 million and$285 million . -
The combination of subscription and transaction fees between
$234 million and$242 million . -
Total net income between
$9 million and$15 million .
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