Transact Technologies (TACT) Reports Q3 EPS of $0.05, Revenues Miss

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Go back to Transact Technologies (TACT) Reports Q3 EPS of $0.05, Revenues Miss

TransAct Technologies Reports Preliminary 2019 Third Quarter Results

November 6, 2019 4:10 PM EST

2019 Third Quarter Net Sales of $11.7 Million and Quarterly Gross Margin of 47.5%; Quarterly EPS of $0.05

BOHA!-Related Recurring Revenue Increases 91% on a Quarterly Sequential Basis

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 preliminary operating results for the quarter ended September 30, 2019.

As disclosed by the Company in a filing with the Securities and Exchange Commission on November 6, 2019, the Company has identified control deficiencies that management has... More