USA Technologies (USAT) Misses Q1 EPS by 2c
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USA Technologies Announces First Quarter Fiscal Year 2016 Results
November 12, 2015 4:05 PM ESTMALVERN, Pa.--(BUSINESS WIRE)-- USA Technologies, Inc. (NASDAQ: USAT) ("USAT"), a leader of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve retailing industries, today reported results for the first quarter fiscal year ended September 30, 2015.
First Quarter Financial Highlights:
Total revenue of $16.6 million, a year-over-year increase of 35% 349,000 connections to ePort service, a year-over-year increase of 26% Record 10,275 customers compared to 7,900 in the same quarter last year Record license and transaction fee revenue of $12.9 million, a year-over-year increase of 27%... More