Transact Technologies (TACT) Tops Q4 EPS by 17c

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TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2021 Financial Results

March 9, 2022 4:05 PM EST

2021 Fourth Quarter Net Sales of $11.1 Million

Full Year FST Recurring Revenue of $7.4 Million, up 95% on a Year-Over-Year Basis

FST Paid Terminals Up 73% from December 31, 2020

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 fourth quarter and full year ended December 31, 2021.

2021 marked many important milestones for TransAct, including three consecutive quarters of over $2 million in recurring Food Service Technology (FST)... More