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TACT — TransAct Technologies News Story

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Brief: TransAct Technologies Q2 EPS USD -0.01

Overview

TransAct Q2 net sales rise 19% yr/yr, beating analyst expectations

Adjusted EBITDA for Q2 beats estimates, reflecting improved profitability

Co acquires perpetual license for BOHA! software source code

Outlook

Company expects full-year 2025 net sales between $49 mln and $53 mln

TransAct forecasts adjusted EBITDA for 2025 to be $0 to $1.5 mln

Result Drivers

CASINO AND GAMING SALES - Casino and gaming sales increased 42% yr/yr and 14% sequentially, contributing to revenue growth

FST REVENUE - FST recurring revenue rose 7% yr/yr, reflecting progress in sales strategies

SOURCE CODE ACQUISITION - Acquisition of BOHA! software source code expected to enhance platform capabilities

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesBeat$13.80 mln$12.60 mln (1 Analyst)
Q2 EPS-$0.01
Q2 Net Income-$143,000
Q2 Adjusted EBITDABeat$478,000-$87,000 (1 Analyst)
Q2 Gross Margin48.2%
Q2 Operating Income-$258,000
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the computer hardware peer group is "buy" Wall Street's median 12-month price target for TransAct Technologies Inc is $5.00, about 22.8% above its August 5 closing price of $3.86 Press Release: ID:nBw28FnNwa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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