TransAct Technologies Q1 2023 Earnings Report

TransAct Technologies EPS Results

• Actual EPS: $0.31
• Consensus EPS: $0.01
• Beat/Miss: Beat by +$0.30
• One Year Ago EPS: N/A

TransAct Technologies Revenue Results

• Actual Revenue: $22.27 million
• Expected Revenue: $16.90 million
• Beat/Miss: Beat by +$5.37 million
• YoY Revenue Growth: N/A

TransAct Technologies Announcement Details

• Quarter: Q1 2023
• Date: 5/9/2023
• Time: N/A

TransAct Technologies (NASDAQ:TACT) designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents. The company also provides consumable products, including POS receipt paper, inkjet cartridges, ribbons, and other printing supplies, as well as replacement parts and accessories; and maintenance and repair services. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides BOHA! terminal that combines hardware and software components in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. It markets its products under the TransAct, BOHA!, AccuDate, Ithaca, and EPICENTRAL brands for food service technology, point of sale automation, and casino and gaming markets. The company sells its products to original equipment manufacturers, value-added resellers, and distributors, as well as directly to end-users through its Webstore transactsupplies.com. TransAct Technologies Incorporated was incorporated in 1996 and is headquartered in Hamden, Connecticut.