TransAct Technologies Reports 2018 Third Quarter Results
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Transact Technologies (TACT) Tops Q3 EPS by 9c, Revenues Beat
November 6, 2018 4:58 PM ESTTransact Technologies (NASDAQ: TACT) reported Q3 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $15.8 million versus the consensus estimate of $15.49 million.
Bart Shuldman, Chairman and Chief Executive Officer of TransAct, commented, TransAct delivered strong third quarter results across several financial metrics clearly highlighting the effectiveness of our strategy to leverage our leading position and success in the casino and gaming industry to fund the build out of our products and software solutions to address the significant opportunity in the restaurant solutions market. Reflecting this success, we generated... More
