secwatch.observer — SEC 8-K summary
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Issuer:     TRANSACT TECHNOLOGIES INC (TACT)
CIK:        0001017303
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001214659-23-003659
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1017303/000121465923003659/0001214659-23-003659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1017303/000121465923003659/e382308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-003659

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