---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-014746"
form_type: "8-K"
ticker: "TACT"
cik: "0001017303"
company_name: "TRANSACT TECHNOLOGIES INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:00:37.064967+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TransAct Q3 net income jumps to $0.09/diluted share; sales $17.2M down 4% YoY; to engage strategic advisor

## Summary
- Net sales $17.2M (-4% YoY); net income $906k ($0.09/diluted) vs $528k ($0.05) in Q3 2022.
- Gross margin improved to 51.9% from 45.9%; operating income $1.2M vs $0.4M YoY.
- Casino sales $9.0M (+17% YoY); FST sales $4.2M (+13% YoY); FST recurring revenue $3.1M (+22% YoY).
- Full year 2023 net sales guidance $72.5-$73.5M; adjusted EBITDA $9.5-$10.0M.
- Company intends to engage advisor in Q4 2023 to explore long-term strategic alternatives.

## SEC filing metadata
- accession: 0001214659-23-014746
- form_type: 8-K
- ticker: TACT
- cik: 0001017303
- company_name: TRANSACT TECHNOLOGIES INC
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1017303/000121465923014746/0001214659-23-014746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017303/000121465923014746/p11082388k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-014746
- JSON: https://secwatch.observer/filing/0001214659-23-014746.json
- Plain text: https://secwatch.observer/filing/0001214659-23-014746.txt

## Key facts
- Earnings Releases
  TRANSACT TECHNOLOGIES INC reported the third quarter ended September 30, 2023 results: revenue $17.2 million, net income $906 thousand, EPS $0.09 per diluted share. Guidance initiated.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $17.2 million
  - Net income: $906 thousand
  - EPS: $0.09 per diluted share
  - Guidance: initiated
  - Result: preliminary results
  source text: (EXHIBIT 99.1) --- EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 TransAct Technologies Reports Preliminary Third Quarter 2023 Financial Results 2023 Third Quarter Net Sales of $17.2 Million, down 4% on a Year-Over-Year Basis Casino and Gaming Sales of $9.0 Million, up 17% on a Year-Over-Year Basis Food Service Technology (“FST”) Sales of $4.2 Million, up 13% on a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1017303/000121465923014746/0001214659-23-014746-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.