TransAct Q3 net sales $10.6M (+46% YoY); net income $0.9M; FST recurring revenue up 28%

TRANSACT TECHNOLOGIES INC

2021-Q3 EPS reported -$0.37 revenue$28,263,000

Net sales $10.6M, up 46% from $7.3M in Q3 2020.
Net income $0.9M ($0.09/share) vs net loss $(0.9M) ($(0.11)/share) in prior year.
FST recurring revenue $2.0M, up 28% YoY; paid terminals 8,749, up 129% from Sept 2020.
Gross margin 40.6% (vs 45.9% last year); operating loss $(1.6)M vs $(1.5)M.
Casino & gaming sales over $4M, up >100% YoY; adjusted net loss $(1.3)M.

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