Transact Technologies (TACT) Misses Q4 EPS by 1c, Revenues Miss

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TransAct Technologies Reports 2018 Fourth Quarter and Full Year Results

March 6, 2019 4:05 PM EST

2018 Fourth Quarter Net Sales of $11.8 Million Combined with Quarterly Gross Margin of 50.1% Drives Diluted EPS of $0.12

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 fourth quarter and full year ended December 31, 2018.

Summary of 2018 Q4 Results

(In millions, except per share and percentage data)

Three Months Ended
December 31, 2018 2017 Net sales $ 11.8 $ 13.2 Gross profit $ 5.9 $ 6.6 Gross margin 50.1 % 50.2 % Operating income $ 1.1 $... More