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

TransAct Technologies

07/05/2021 02:50

* TransAct Technologies Inc  TACT.OQ  reported a quarterly
adjusted loss of 25 cents​​ per share for the quarter ended
in March. The lone analyst forecast for the quarter was for a
loss of 24 cents per share.
* Revenue fell 19% to $8.30 million from a year ago​;  analysts
expected $8.03 million.
* The mean earnings estimate of analysts had fallen by
about 33.3% 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 20.5% this
quarter and gained 84.5% so far this year.
* The company reported a quarterly loss of $2.21 million.
* Wall Street's median 12-month price target for TransAct
Technologies Inc is $16.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 01:50 a.m. GMT. ​All
figures in US Dollars.​