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

TransAct Technologies

10/11/2022 23:14

* TransAct Technologies Inc  TACT.OQ  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 19 cents per share.
    * Revenue rose 67.9% to $17.86 million from a year ago;
analysts
expected $13.82 million. 
    * TransAct Technologies Inc's reported EPS for the quarter
was 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 5% 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 11.0% this
quarter and lost 62.8% so far this year.
    * The company reported quarterly net income of $528
thousand.
    * Wall Street's median 12-month price target for TransAct
Technologies Inc is $9.00 
    * The current average analyst rating on the shares is "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 from Refinitiv data November
10 at 11:14 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.19          0.05           Beat
 Jun. 30 2022      -0.31          -0.24          Beat
 Mar. 31 2022      -0.19          -0.41          Missed
 Dec. 31 2021      -0.22          -0.19          Beat