TransAct Technologies reports preliminary Q2 adjusted EPS 22c, consensus 6c

GAAP EPS was 8c. Reports preliminary Q2 revenue $19.9M, consensus $18.47M. “Our team continues to capitalize on opportunities in our core markets as they present themselves, and while the competitive environment in casino and gaming has started to normalize as predicted, we believe that we will see a sustainable, net market share gain in the long run,” said John Dillon, Chief Executive Officer of TransAct. “We have also been hard at work with our now restructured food service technology sales team, and are beginning to actively market and demonstrate our new BOHA! Terminal 2 to existing and potential customers. While these are multi-stage sales opportunities with lengthy cycle times, we are encouraged by our early results and pre-orders, and believe a solid foundation has been laid for future growth.”