secwatch.observer — SEC 8-K summary
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Issuer:     TRANSACT TECHNOLOGIES INC (TACT)
CIK:        0001017303
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001214659-22-013498
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransAct Q3 net sales $17.9M (+68% YoY); net income $0.5M vs $0.9M year-ago
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- Net sales $17.9M vs $10.6M YoY; gross margin improved to 45.9% from 40.5%.
- Net income $0.5M ($0.05 diluted EPS) vs $0.9M ($0.09) a year ago; operating income $0.4M vs loss of $1.6M.
- FST recurring revenue $2.6M (+27% YoY); paid terminals reached 11,929 (up 36% from Sep 2021).
- Adjusted EBITDA $1.2M vs loss of $1.2M in Q3 2021; adjusted EPS $0.05 vs loss of $0.14.
- Changed inventory costing method to average cost effective Apr 1, 2022; prior periods restated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1017303/000121465922013498/0001214659-22-013498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1017303/000121465922013498/r1192228k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-22-013498

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer