Transact Technologies (TACT) Misses Q2 EPS by 1c
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TransAct Technologies Reports 2016 Second Quarter Results
August 4, 2016 4:06 PM EDTReports 2016 Second Quarter Revenue of $14.8 Million and GAAP Diluted EPS of $0.10
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 second quarter and six months ended June 30, 2016, as summarized below:
ÂSummary of 2016 Q2 Results
(In millions, except per share and percentage data)
 ÂThree Months EndedJune 30,
2016 Â Â 2015 Net sales $ 14.8 $ 17.2 Gross profit $ 6.0 $ 7.2 Gross margin 40.4% 41.6% Operating income $ 1.1 $ 2.2 Net income $ 0.8... More