TransAct Technologies’ 2015 First Quarter Revenue Increases 19% to $16.2 Million
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Transact Technologies (TACT) Tops Q1 EPS by 11c
May 6, 2015 4:01 PM EDTTransact Technologies (NASDAQ: TACT) reported Q1 EPS of $0.16, $0.11 better than the analyst estimate of $0.05. Revenue for the quarter came in at $16.2 million versus the consensus estimate of $13.45 million.
Bart Shuldman, Chairman and Chief Executive Officer of TransAct, commented, TransAct generated solid year-over-year growth in revenue, gross profit, adjusted net income and adjusted diluted EPS in the first quarter of 2015 as we executed against our strategic growth initiatives while prudently managing our expenses. Our focus on leveraging our brands and products in markets with attractive global growth opportunities while maintaining strict fiscal prudence, has positioned... More
