Transact Technologies (TACT) Misses Q1 EPS by 22c

Go back to Transact Technologies (TACT) Misses Q1 EPS by 22c

TransAct Technologies Reports Preliminary First Quarter 2022 Financial Results

May 10, 2022 4:05 PM EDT

2022 First Quarter Net Sales of $9.7 Million

FST Recurring Revenue of $1.6 Million, up 30% on a Year-Over-Year Basis

FST Paid Terminals Up 44% from March 31, 2021

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 March 31, 2022.

While we are certainly disappointed with some of our results for the quarter, we believe we are seeing some bright spots throughout... More