TransAct Technologies Reports Preliminary 2019 Third Quarter Results
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Transact Technologies (TACT) Reports Q3 EPS of $0.05, Revenues Miss
November 6, 2019 5:26 PM ESTTransact Technologies (NASDAQ: TACT) reported Q3 EPS of $0.05, versus $0.33 reported last year. Revenue for the quarter came in at $11.7 million versus the consensus estimate of $12.19 million.
Bart Shuldman, Chairman and Chief Executive Officer of TransAct, commented, During the 2019 third quarter, TransAct continued the significant transition in the focus of our business to execute on the very large Restaurant Solutions market opportunity that our BOHA! products provides, including recurring software subscription, maintenance and service contracts and label sales and also sales of our purpose-built BOHA! hardware. While our 2019 third quarter results reflect the ongoing... More
