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USA Technologies Inc (USAT.OQ)

USAT.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

USA Technologies Announces Expanded Agreement With Jackson Brothers Of The South
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - USA Technologies Inc ::JACKSON BROTHERS OF THE SOUTH EXPANDS RELATIONSHIP WITH USA TECHNOLOGIES TO GO 100% CASHLESS.USA TECHNOLOGIES-UPGRADING ADDITIONAL 750 MACHINES; INCLUDED ARE 100 EPORT INTERACTIVES TO BE CONNECTED TO 100 SELECT JACKSON BROTHERS MACHINES​.  Full Article

USA Technologies reports Q1 loss per share of $0.01
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Usa Technologies Inc ::Announces first quarter fiscal year 2018 results.Q1 loss per share $0.01.Q1 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Qtrly ‍revenue of $25.6 million, a year-over-year increase of 19 percent​.Expects FY 2018 pro-forma combined revenue to be between $137 million to $142 million​.Sees ‍FY 2018 adjusted EBITDA to be between $12.5 million to $13.5 million​.Q1 revenue view $25.9 million -- Thomson Reuters I/B/E/S.Qtrly ‍net connections of 26,000, a year-over-year increase of 37 percent​.  Full Article

Usa technologies to acquire cantaloupe systems
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Usa Technologies Inc :USA Technologies to acquire Cantaloupe Systems.USA Technologies to acquire Cantaloupe Systems.USA Technologies Inc - ‍Transaction valued at approximately $85 million​.USA Technologies Inc - ‍USAT will pay $65 million cash and issue approximately $20 million in stock for acquisition​.USA Technologies Inc - ‍Company will also assume up to $1.8 million of cantaloupe's notes payable​.USA Technologies - ‍ After one-time acquisition and integration related expenses, company anticipates transaction to be accretive in fiscal 2018​.USA Technologies Inc - ‍announced that it has signed a definitive agreement to acquire Cantaloupe Systems Inc​.  Full Article

Legion Partners urges USA Technologies to evaluate strategic alternatives, including sale of co
Wednesday, 12 Oct 2016 

USA Technologies Inc : Legion Partners LLC reports 9.94 pct stake in USA Technologies Inc as of Oct 5 - SEC filing . Legion Partners - Purchased USA Technologies' shares based on belief that the shares, when purchased, were undervalued . Legion Partners says it has also conveyed its belief that USA Technologies should immediately evaluate all strategic alternatives, including a possible sale of co .Legion Partners - Intend to engage in talks with USA Technologies' management, board regarding co's "lack of profitability".  Full Article

Forest Manor NV reports 5 pct passive stake in USA Technologies
Tuesday, 27 Sep 2016 

: Forest Manor NV reports 5 pct passive stake in USA Technologies as of Sept 26, 2016 - SEC Filing Source - http://bit.ly/2dpuRWB Further company coverage: [USAT.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

USA Technologies reports Q3 non-gaap loss per share of $0.01
Thursday, 12 May 2016 

Usa Technologies Inc : Sees fy 2016 net new connections for year between 93,000 and 95,000 . Sees fy 2016 total revenue to be between $76 million and $78 million . Usa technologies announces third quarter fiscal year 2016 results . Q3 non-gaap loss per share $0.01 . Q3 revenue $20.4 million versus i/b/e/s view $18.2 million . Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S .Sees fy 2016 revenue $76 million to $78 million.  Full Article

BRIEF-USA Technologies Posts Q2 Adj. Earnings Per Share $0.02

* USA TECHNOLOGIES ANNOUNCES SECOND QUARTER FISCAL YEAR 2018 RESULTS