Transact Technologies (TACT) Tops Q2 EPS by 7c

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TransAct Technologies Reports 2018 Second Quarter Results

August 2, 2018 4:05 PM EDT

2018 Second Quarter Net Sales Rise 8% to $14.8 Million, Reflecting Restaurant Solutions and Casino and Gaming Strength

Higher Sales and Increased Gross Profit Drive 33% Improvement in Diluted EPS to $0.16

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 ended June 30, 2018.

                      Summary of 2018 Q2 Results

(In millions, except per share and percentage data)

  Three Months EndedJune 30, 2018   2017 Net sales $ 14.8 $ 13.6 Gross profit $ 7.0 $ 6.4 Gross margin 47.4 % 47.3 % Operating income $ 1.6... More