CHEQ

Cantaloupe, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, May 9, 2024

Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a leading provider of end-to-end technology solutions for self-service commerce, today reported results for the third quarter ended March 31, 2024.

Key Points: 
  • Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a leading provider of end-to-end technology solutions for self-service commerce, today reported results for the third quarter ended March 31, 2024.
  • “In the third quarter, we reported strong results, reflecting our continued expansion of operating leverage by driving revenue growth while also optimizing COGS and controlling operational expenses.
  • Third Quarter 2024 Business Highlights:
    Active Customers totaled 30,670 at the end of the third quarter of 2024 compared to 27,598 at the end of the third quarter of 2023, an increase of 11.1%.
  • Active Devices totaled 1.22 million at the end of the third quarter of 2024 compared to 1.15 million at the end of the third quarter of 2023, an increase of 5.9%.

Cantaloupe, Inc., to Showcase CHEQ and New Innovative Micro Market and Smart Cooler Technology at the NAMA 2024 Show

Retrieved on: 
Tuesday, April 30, 2024

Cantaloupe will be showcasing its cutting-edge solutions, including the highly anticipated CHEQ point-of-sale (POS) platform, which features a mobile-first approach to accepting payments.

Key Points: 
  • Cantaloupe will be showcasing its cutting-edge solutions, including the highly anticipated CHEQ point-of-sale (POS) platform, which features a mobile-first approach to accepting payments.
  • As a leader in mobile-first payments, CHEQ enables seamless mobile ordering, convenient mobile pick-up points (CHEQ Points), and innovative express kiosks (CHEQ Zones).
  • In Cantaloupe’s booth, guests will experience a full line-up of smart cooler technology, including the Cooler Cafe, with Cool Blu and IDW coolers, and the Smart Café.
  • The Smart Café, is equipped with AI dynamic camera vision technology, further enhancing security and the ultimate convenience for consumers.

Cantaloupe, Inc. Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

“In the second quarter, we continued to execute on our strategy of expanding operating leverage and driving strong profitability,” said Ravi Venkatesan, chief executive officer, Cantaloupe.

Key Points: 
  • “In the second quarter, we continued to execute on our strategy of expanding operating leverage and driving strong profitability,” said Ravi Venkatesan, chief executive officer, Cantaloupe.
  • We increased gross margins during the quarter, driving expansion across all revenue lines.
  • Active Customers totaled 30,027 at the end of the second quarter of 2024 compared to 26,335 at the end of the second quarter of 2023, an increase of 14%.
  • Active Devices totaled 1.23 million at the end of the second quarter of 2024 compared to 1.15 million at the end of the second quarter of 2023, an increase of 7%.

Cantaloupe Acquires CHEQ, a Company Revolutionizing the Sports & Entertainment Fan Experience, Expanding Reach into Stadiums, Venues, Festivals and More

Retrieved on: 
Thursday, February 1, 2024

This strategic investment positions Cantaloupe for expansion into the large and rapidly growing sports, entertainment, and restaurant sectors with a comprehensive suite of self-service solutions.

Key Points: 
  • This strategic investment positions Cantaloupe for expansion into the large and rapidly growing sports, entertainment, and restaurant sectors with a comprehensive suite of self-service solutions.
  • CHEQ technology increases food and beverage sales, speeds up transaction times and drives new customer traffic and engagement.
  • Omnichannel Solution: mobile payments (native app, QR codes, NFC, in-seat delivery, pick up with live wait times), POS kiosks and handheld devices.
  • “We are looking forward to joining Cantaloupe and continuing our mission of delighting guests with a best-in-class on-premise payments experience.

CHEQ Appoints Udi Mokady, Founder, Executive Chairman, and Former CEO of CyberArk, to the Board of Directors

Retrieved on: 
Thursday, December 7, 2023

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- CHEQ , the global leader in Go-to-Market Security, has appointed Udi Mokady, founder, executive chairman, and former CEO of CyberArk, to its board of directors.

Key Points: 
  • NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- CHEQ , the global leader in Go-to-Market Security, has appointed Udi Mokady, founder, executive chairman, and former CEO of CyberArk, to its board of directors.
  • The addition of Mokady to CHEQ’s board will provide support as the company continues to expand its global presence, acquire additional companies, and develop partnerships for its core security offerings.
  • Known for its innovative and effective Go-to-Market Security solutions, CHEQ is trusted by enterprises to protect their go-to-market strategies, safeguard customer data and interactions, and enforce customer privacy preferences.
  • “Go-to-Market Security is an exciting emerging market, especially given the dynamic nature of consumer privacy laws,” said Mokady.

Loud And Live Selects CHEQ as the Official Point of Sale Partner Across all Live Entertainment Events

Retrieved on: 
Wednesday, November 29, 2023

MIAMI, Nov. 29, 2023 /PRNewswire/ -- Loud And Live, a global leader in live entertainment and events, has selected CHEQ , the leader in social payments for restaurants, stadiums, hotels, and more, as the Official Point of Sale Partner across their dynamic portfolio of live events, festivals, and celebrations.

Key Points: 
  • MIAMI, Nov. 29, 2023 /PRNewswire/ -- Loud And Live, a global leader in live entertainment and events, has selected CHEQ , the leader in social payments for restaurants, stadiums, hotels, and more, as the Official Point of Sale Partner across their dynamic portfolio of live events, festivals, and celebrations.
  • Together, both companies will provide engaging experiences for event goers, including expedited mobile ordering and fan-centric social gifting opportunities.
  • CHEQ Chief Revenue Officer, Jake Stone added, "We're thrilled to partner with Loud And Live to provide innovative experiences for some of the most exciting destinations in South Florida.
  • Together we will deliver expedited payments, easy purchasing and unique ways for guests to share their experiences with others before, during, and after live events."

SWARM and CHEQ Team Up to Deliver Seamless Payments Experience at iii Points

Retrieved on: 
Tuesday, November 7, 2023

CHEQ provided over 180 handheld devices for on-premise payments, delivering an easy-to-use and frictionless workflow for food and beverages.

Key Points: 
  • CHEQ provided over 180 handheld devices for on-premise payments, delivering an easy-to-use and frictionless workflow for food and beverages.
  • The event marks the beginning of a multi-year partnership to provide expedited payments to festival goers and event attendees.
  • "We are committed to staying on the forefront of technology and leveraging the latest tech to ensure our festivalgoers have a once-in-a-lifetime experience," said Javi Zayas, CEO of SWARM.
  • "Our partnership with CHEQ helps us reduce friction and allows attendees to spend more time enjoying the music and the experience.

World's Best Sales Organizations Recognized with RepVue Reppy Awards

Retrieved on: 
Monday, October 16, 2023

CHAPEL HILL, N.C., Oct. 16, 2023 /PRNewswire/ -- RepVue, the world's leader on insights about sales organizations and sales jobs, today announced the Reppy Awards for the world's best sales organizations for the second half of 2023. What makes the awards unique is that they are based on data voluntarily submitted on RepVue's site from B2B sales professionals by completing a sales organization rating about their compensation, culture, and more. RepVue collects millions of data points every year from its B2B sales professional user base.

Key Points: 
  • CHAPEL HILL, N.C., Oct. 16, 2023 /PRNewswire/ -- RepVue, the world's leader on insights about sales organizations and sales jobs, today announced the Reppy Awards for the world's best sales organizations for the second half of 2023.
  • What makes the awards unique is that they are based on data voluntarily submitted on RepVue's site from B2B sales professionals by completing a sales organization rating about their compensation, culture, and more.
  • RepVue today announced the Reppy Awards for the world's best sales organizations for the second half of 2023.
  • "Once again, we're very excited to be recognizing the companies with the best sales orgs," said Ryan Walsh, CEO of RepVue.

Record-Breaking Success at Bite of Seattle 2023

Retrieved on: 
Monday, July 24, 2023

SEATTLE, July 24, 2023 /PRNewswire/ -- Bite of Seattle 2023 came to a thrilling conclusion yesterday after three days of culinary delights, live music, and community engagement. This year's event shattered previous attendance records, attracting diverse attendees. Hosted at the iconic Seattle Center, the festival was a testament to the city's vibrant spirit, culinary diversity, and cultural richness.

Key Points: 
  • SEATTLE, July 24, 2023 /PRNewswire/ -- Bite of Seattle 2023 came to a thrilling conclusion yesterday after three days of culinary delights, live music, and community engagement.
  • Bite of Seattle 2023 lived up to its reputation as a community-driven event that fosters connections.
  • Bite of Seattle would like to extend its heartfelt gratitude to our sponsors for making Bite of Seattle 2023 a resounding success including Pepsi, William Grant & Sons (Drambuie), Gesa Credit Union, Chateau Ste.
  • Michelle, NW Beverages, Seattle Mariners, Seattle Center, OL Reign, Seattle Sounders FC, and SeattleFWC26.

Checkmarx Announces Groundbreaking CheckAI Plugin for ChatGPT to Detect and Prevent Attacks Against ChatGPT-Generated Code

Retrieved on: 
Thursday, July 13, 2023

ATLANTA, July 13, 2023 /PRNewswire/ -- Checkmarx, the global leader in application security solutions, today announced its CheckAI Plugin for ChatGPT, the industry's first plugin to detect and prevent potential attacks against ChatGPT-generated code. The plugin enables developers and security teams to protect against attacks caused by malicious open source packages and dependencies while working within the ChatGPT interface.

Key Points: 
  • ATLANTA, July 13, 2023 /PRNewswire/ -- Checkmarx , the global leader in application security solutions, today announced its CheckAI Plugin for ChatGPT, the industry's first plugin to detect and prevent potential attacks against ChatGPT-generated code.
  • The plugin enables developers and security teams to protect against attacks caused by malicious open source packages and dependencies while working within the ChatGPT interface.
  • The CheckAI Plugin for ChatGPT is available as part of the ChatGPT plugins beta – which is currently available to all ChatGPT Plus users – and protects against malicious packages and open source dependencies.
  • For more information on early access to Checkmarx' CheckAI Plugin for ChatGPT, visit this page.