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USA Technologies Announces Q4 And FY2015 Results Revenue Is Up 57
September 10, 2015 | USAT Press Release
TAGS: vending, cashless vending, USA Technologies Inc., USAT 2015 fiscal report, USAT fourth-quarter, M2M/IoT, self-serve retailing industries, ePort Connect |
PRESS RELEASE
Source: USA Technologies Inc. | Released Sept. 9, 2015 MALVERN, PA -- Sept. 9 --USA Technologies Inc., a leader of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve retailing industries, today reported results for its fourth quarter and fiscal year, ended June 30, 2015.Fourth-quarter financial highlights:
» Record net connections of 31,000 for a total on the service of 333,000
»Record total revenue of $17.6 million, a year-over-year increase of 57%
» Record license and transaction fee revenue of $11.9 million, a year-over-year increase of 26%
Click here to see USAT's full press release and consolidated statements of operations, balance sheet and cash flows.
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