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USA Technologies Announces Fourth Quarter and Fiscal Year 2015 Results

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MALVERN, 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 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 

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