TransAct Technologies Reports Preliminary Second Quarter 2020 Financial Results

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Transact Technologies (TACT) Tops Q2 EPS by 9c, Revenues Beat

August 5, 2020 5:31 PM EDT

Transact Technologies (NASDAQ: TACT) reported Q2 EPS of ($0.25), $0.09 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $5.3 million versus the consensus estimate of $5.08 million.

TransActs second quarter performance was relatively solid given the challenges presented by the COVID-19 pandemic. Notwithstanding these challenges and during the heart of the pandemic in Q2 2020, our Food Service... More