TransAct Technologies Reports Preliminary First Quarter 2020 Financial Results

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Transact Technologies (TACT) Misses Q1 EPS by 5c, Revenues Miss

May 7, 2020 5:10 PM EDT

Transact Technologies (NASDAQ: TACT) reported Q1 EPS of ($0.13), $0.05 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $10.2 million versus the consensus estimate of $11.18 million.

First Quarter 2020 Financial Highlights

Net Sales: Net Sales for the first quarter of 2020 were $10.2 million, down 11% compared to $11.6... More