USA Technologies, Inc. (USAT) Ends Fiscal First Quarter with $42 Million in Small Ticket Transactions; Dollar Volume Up 75% from Last Year
USA Technologies, Inc., a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small ticket retailing industries, today announced positive earnings for the first fiscal quarter which reflected a record 25 million small ticket transactions earning $42 million. The total transaction dollar volume increased by 75% from a year ago. With its current dollar volume of transactions, the company is on track to reach $175 million annualized run rate. The company also announced growing success for its ePort Connect Service. ePort installs into a company's existing cash-only machines so they can accept credit, debit, and new contactless cards.…