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Transact Technologies (TACT) Reports In-Line Q3 EPS

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TransAct Technologies Reports 2016 Third Quarter Results

November 2, 2016 4:08 PM EDT

Reports 2016 Third Quarter Revenue of $14.5 Million and GAAP Diluted EPS of $0.12

HAMDEN, Conn.--(BUSINESS WIRE)-- TransAct Technologies Incorporated (Nasdaq: TACT) (TransAct or the Company), a global leader in software-driven technology and printing solutions for high-growth markets, today reported operating results for the third quarter and nine months ended September 30, 2016, as summarized below:

   

Summary of 2016 Q3 Results

(In millions, except per share and percentage data)

  Three Months EndedSeptember 30,   2016         2015   Net sales $ 14.5 $ 14.2 Gross profit $ 5.9 $ 6.3 Gross margin 40.9 % 44.4 % Operating income $ 1.2 $ 1.6 Net income $ 0.9 $... More