TransAct Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

• TransAct Technologies Inc TACT.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of two analysts for the quarter was for a loss of 10 cents per share.

• Revenue rose 22.1% to $13.05 million from a year ago; analysts expected $11.04 million.

• TransAct Technologies Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $19 thousand.

• TransAct Technologies Inc shares had fallen by 7.9% this quarter and lost 17.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 66.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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." The average consensus recommendation for the computer hardware peer group is also "buy"

This summary was machine generated from LSEG data May 13 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)