Transact Technologies (TACT) Tops Q1 EPS by 5c

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TransAct Technologies Reports 2019 First Quarter Results

May 7, 2019 4:05 PM EDT

2019 First Quarter Net Sales of $11.6 Million and Quarterly Gross Margin of 52.7% Drives Diluted EPS of $0.10

Company Generating Continued Momentum for BOHA! Solutions Following March 2019 Launch

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 quarter ended March 31, 2019.

Summary of 2019 Q1 Results

(In millions, except per share and percentage data)

Three Months Ended
March 31,

2019 2018 Net sales $ 11.6 $ 12.2 Gross profit $ 6.1 $ 5.9 Gross margin 52.7 % 47.9 %... More