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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 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

USA Technologies Inc gives FY 2016 guidance
Friday, 12 Feb 2016 

USA Technologies Inc:Expects FY 2016 total revenue to be between $69 million and $71 million.Expect to have year-over-year increases of adjusted EBITDA and non-GAAP net income.  Full Article

USA Technologies says appointment of Interim CFO
Friday, 29 Jan 2016 

USA Technologies Inc:Says appointment of Leland "Lee" Maxwell as interim chief financial officer.Maxwell replaces J. Duncan Smith, whose departure is also announced today.  Full Article

USA Technologies Inc acquires VendScreen Assets
Monday, 25 Jan 2016 

USA Technologies Inc:Announced it has acquired the cloud-based content delivery platform, device platform and products, customer base, and intellectual property of VendScreen, Inc.Acquired the assets for about $5.6 million, in cash, on January 15, 2016.USAT used about $2.6 million in cash on hand, with the balance funded by converting $3 million drawn from its line-of-credit into a term loan.  Full Article