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Transact Technologies (TACT) Tops Q3 EPS by 9c, Revenues Beat

Go back to Transact Technologies (TACT) Tops Q3 EPS by 9c, Revenues Beat

TransAct Technologies Reports 2018 Third Quarter Results

November 6, 2018 4:05 PM EST

2018 Third Quarter Net Sales Rise 2.0% to $15.8 Million

Record Quarterly Gross Margin of 50.5% and Record Operating Margin of 20.3%
Drives Diluted EPS Growth of 38% to Quarterly Record $0.33

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 ended September 30, 2018.

Summary of 2018 Q3 Results

(In millions, except per share and percentage data)

Three Months Ended September 30, 2018 2017 Net sales $ 15.8 $ 15.5 Gross profit $ 8.0 $ 7.5 Gross margin 50.5 %... More