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

TransAct Technologies

11/05/2022 24:06

* TransAct Technologies Inc  TACT.OQ  reported a quarterly
adjusted loss of 41 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 19 cents per share.
    * Revenue rose 16.9% to $9.70 million from a year ago; 
analysts
expected $11.12 million. 
    * TransAct Technologies Inc's reported EPS for the quarter
was a
loss of 41 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.8%
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 fallen by 21.0% this
quarter and lost 48.8% so far this year.
    * The company reported a quarterly loss of $4.01 million.
    * Wall Street's median 12-month price target for TransAct
Technologies Inc is $13.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 11:06 p.m.  ​All
figures in US dollars unless otherwise stated