TransAct Q4 net sales $18.0M (+61% YoY); casino/gaming sales up 123% to $11.0M

TRANSACT TECHNOLOGIES INC

Q4 net income $0.3M ($0.03 EPS) vs net loss $(0.8M) a year ago; adjusted net income also $0.03.
Full-year 2022 net sales $58.1M (+48% YoY); net loss $(5.9M) or $(0.60) per share.
Paid terminals reached 12,180 as of Dec 31, 2022, up 24% from 9,818 a year earlier.
2023 guidance: total revenue $70-72M and adjusted EBITDA $5.2-5.4M.
Changed inventory valuation from FIFO to average costing effective April 1, 2022.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TRANSACT TECHNOLOGIES INC reported the quarter and year ended December 31, 2022 results: revenue Net sales for the fourth quarter of 2022 were $18.0 million, net income Net income for the fourth quarter of 2022 was $0.3 million, or $0.03 net income per diluted share, EPS $0.03 net income per diluted share. Guidance initiated.

Period: the quarter and year ended December 31, 2022
Revenue: Net sales for the fourth quarter of 2022 were $18.0 million
Net income: Net income for the fourth quarter of 2022 was $0.3 million, or $0.03 net income per diluted share
EPS: $0.03 net income per diluted share
Guidance: initiated
Result: preliminary results

Exact text from the filing

TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2022 Financial Results

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59 earnings releases filed in the last 30 days. Browse all earnings releases →

TRANSACT TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001214659-23-003659

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