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TACT — TransAct Technologies News Story

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TransAct Technologies Q1 sales rise 10%, adjusted EBITDA more than doubles

Overview

Cloud software and hardware firm's preliminary Q1 net sales rose 10% yr/yr to $14.4 mln

Preliminary Q1 adjusted EBITDA more than doubled yr/yr to $1.4 mln

Company authorized $3 mln share repurchase program

Outlook

TransAct sees 2026 net sales between $55 mln and $57 mln

Company raises 2026 adj EBITDA guidance to $1 mln-$1.75 mln

Result Drivers

CASINO AND GAMING SALES - Co said 24% yr/yr growth in casino and gaming sales was the main driver of higher net sales and cash flow

FST RECURRING REVENUE - Recurring Food Service Technology revenue rose 26% yr/yr, driven by robust label sales

GROSS MARGIN EXPANSION - Gross margin increased by 160 basis points to 50.3%, contributing to operating profitability

Company press release: ID:nBw9QcxPSa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Sales$14.40 mln
Q1 EPS$0.07
Q1 Net Income$766,000
Q1 Adjusted EBITDA$1.40 mln
Q1 Gross Margin50.30%
Q1 Operating Income$800,000
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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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