TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2019 Financial Results
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Transact Technologies (TACT) Reports Q4 EPS of $0.11
March 10, 2020 4:19 PM EDTTransact Technologies (NASDAQ: TACT) reported Q4 EPS of $0.11, versus $0.12 reported last year. Revenue for the quarter came in at $11.2 million, versus $11.8 million reported last year.
Fourth Quarter 2019 Financial Highlights
Net Sales: Net Sales for the fourth quarter of 2019 was $11.2 million, down 5% compared to $11.8 million for the fourth quarter of 2018.Gross Profit: Gross profit for the fourth quarter of 2019 was $4.6 million, resulting in gross margin of 41.2%, compared to gross profit of $5.9 million in the fourth quarter of 2018, which resulted in a 50.1% gross... More