TransAct Technologies Incorporated (TACT) Stock

TransAct Technologies Incorporated (NASDAQ:TACT ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 AM ET Company Participants Ryan Gardella - Investor Relations John Dillon - Chief Executive Officer Steve DeMartino - President and Chief Financial Officer Conference Call Participants Logan Lillehaug - Craig-Hallum Tyler Nguyen - ROTH Capital Partners Operator Greetings, and welcome to the TransAct Technologies' Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

TransAct Technologies Incorporated (TACT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.09 per share a year ago.

TransAct Technologies (TACT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

TACT is benefiting from the adoption of BOHA and stabilization in all of its end markets.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, TransAct Technologies (TACT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

TransAct Technologies Incorporated (TACT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.22 per share a year ago.

HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced the successful installation of its industry-leading Epicentral® Promotion and Bonusing system on 200 games across two resorts for a blue-chip casino owner and operator in Macau. When paired with our Epic Edge® and Epic 950® TITO printers, the Epicentral® Promotion and Bonusin.