TransAct Technologies Inc reports results for the quarter ended in June - Earnings Summary

TransAct Technologies

17/08/2022 22:01

* TransAct Technologies Inc  TACT.OQ  reported a quarterly
adjusted loss of 24 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 31 cents per share.
    * Revenue rose 35.4% to $12.62 million from a year ago;
analysts
expected $10.44 million. 
    * TransAct Technologies Inc's reported EPS for the quarter
was a
loss of 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TransAct Technologies Inc shares had risen by 10.8% this
quarter and lost 59.5% so far this year.
    * The company reported a quarterly loss of $2.38 million.
    * Wall Street's median 12-month price target for TransAct
Technologies Inc is $11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 17
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.31          -0.24          Beat
 Mar. 31 2022      -0.19          -0.41          Missed
 Dec. 31 2021      -0.22          -0.19          Beat
 Sep. 30 2021      -0.28          -0.13          Beat