TransAct Q2 net sales $19.9M (+58% YoY); casino sales surge 87%

TRANSACT TECHNOLOGIES INC

2023-Q2 EPS reported $0.39 revenue$42,176,000

Net sales $19.9M, up 58% YoY; casino & gaming sales $12.2M (+87%); FST sales $3.9M (+14%).
Net income $765k ($0.08 EPS) vs net loss of $(2.4M); adjusted net income $2.2M ($0.22 EPS).
Gross margin improved to 54.5% from 43.0%; operating income $1.2M vs $(3.0M) loss.
FY 2023 outlook: net sales $71.5-73.5M; adjusted EBITDA $8.0-8.5M.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TRANSACT TECHNOLOGIES INC reported second quarter ended June 30, 2023 results: revenue $19.9 million, net income $765 thousand, or $0.08 net income per diluted share, EPS $0.08 net income per diluted share. Guidance initiated.

Period: second quarter ended June 30, 2023
Revenue: $19.9 million
Net income: $765 thousand, or $0.08 net income per diluted share
EPS: $0.08 net income per diluted share
Guidance: initiated
Result: preliminary results

Exact text from the filing

99.1) --- EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 TransAct Technologies Reports Preliminary Second Quarter 2023 Financial Results 2023 Second Quarter Net Sales of $19.9 Million, up 58% on a Year-Over-Year Basis Casino and Gaming Sales of $12.2 Million, up 87% on a Year-Over-Year Basis FST Sales of $3.9 Million, up 14% on a Year-Over-Year Basis Hamden,

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Source: SEC EDGAR

accession 0001214659-23-010916

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