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Transact Technologies Inc. - TACT STOCK NEWS

Welcome to our dedicated news page for Transact Technologies (Ticker: TACT), a resource for investors and traders seeking the latest updates and insights on Transact Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Transact Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Transact Technologies's position in the market.

News
TransAct Technologies to Report First Quarter 2024 Results On May 7, 2024, Host Conference Call and Webcast
Rhea-AI Summary
<p><b>TransAct Technologies (TACT)</b>, a global leader in software-driven technology and printing solutions, will release its first quarter 2024 results on May 7, 2024. The company will host a conference call and webcast at 8:30 p.m. ET on the same day. Interested parties can access the call and webcast online or via phone.</p>
Rhea-AI Impact
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End-of-Day
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conferences earnings
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TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
TransAct Technologies Incorporated (Nasdaq: TACT) reported a 26% decrease in net sales for the fourth quarter of 2023, with varying sales performance in different sectors. The company highlighted positive growth in Food Service Technology sales but a decline in Casino and Gaming sales. The CEO expressed confidence in the company's transition and the potential for growth in 2024. Financially, there was a decrease in net income and EBITDA for the fourth quarter, although full-year results showed improved net sales, gross profit, and operating income compared to 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.41%
Tags
earnings
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TransAct Technologies to Report Fourth Quarter and Full Year 2023 Results On March 12, 2024, Host Conference Call and Webcast
Rhea-AI Summary
TransAct Technologies Incorporated (Nasdaq: TACT) will release its Q4 and full year 2023 results on March 12, 2024, with a conference call and webcast open to the public. Details for accessing the call and webcast are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
conferences earnings
News
TransAct Announces BOHA! Solutions Order from Regional Assisted Living Communities
Rhea-AI Summary
TransAct Technologies Incorporated (Nasdaq: TACT) has announced a new order for the BOHA! Sense software application across all 87 owned communities of a new assisted living customer. The deployment includes 1,200 sensors, 240 Gateways, and ongoing access to BOHA! Sense for real-time temperature monitoring. This will allow medical staff to ensure medication storage at required temperatures and monitor food storage and safety standards. CEO John Dillon expressed satisfaction with the custom-tailored program for the new client, highlighting TransAct's commitment to innovation and customer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
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none
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News
TransAct Receives U.S. Approval for BOHA! Terminal 2 from Leading QSR
Rhea-AI Summary
TransAct Technologies Incorporated (TACT) gains approval from a leading QSR to sell its newest BOHA! Terminal 2 to the U.S. domestic market, representing an opportunity of more than 10,000 locations. The company began shipping pre-orders and stocking orders in the U.S. and multiple international markets before the end of 2023. This follows previously announced overseas approval on the Company’s Third Quarter 2023 earnings call. TransAct has expanded the capabilities of BOHA! from supporting just three languages to supporting over ten, giving the company the ability to distribute BOHA! T2 in fifteen countries. Positive reactions and pre-orders have been received from the operator community in both the U.S. and abroad, presenting an exciting opportunity as the company enters 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.85%
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none
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News
TransAct Technologies Reports Preliminary Third Quarter 2023 Financial Results
Rhea-AI Summary
TransAct Technologies Inc (TACT) reported a 4% decrease in net sales to $17.2 million for Q3 2023. Casino and gaming sales were up 17% to $9.0 million, while food service technology (FST) sales increased by 13% to $4.2 million. The company also announced its intention to engage an advisor to determine its long-term strategy. The Q3 financial outlook forecasts total net sales of $72.5-73.5 million and total adjusted EBITDA of $9.5-10.0 million for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.74%
Tags
earnings
News
TransAct Technologies to Report Third Quarter 2023 Results On November 9, 2023, Host Conference Call and Webcast
Rhea-AI Summary
TransAct Technologies Incorporated (Nasdaq: TACT) will release its third quarter 2023 results on November 9, 2023, after the market close. A conference call and webcast will be held at 4:30 p.m. ET on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
conferences earnings
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TransAct Technologies Reports Preliminary Second Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.53%
Tags
earnings
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News
TransAct Technologies to Report Second Quarter 2023 Results On August 9, 2023, Host Conference Call and Webcast
Rhea-AI Summary
TransAct Technologies Incorporated (Nasdaq: TACT) will release its second quarter 2023 results on August 9, 2023, after the market close. The company will host a conference call and webcast at 4:30 p.m. ET on the same day. Interested parties can access the call and webcast through the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.84%
Tags
conferences earnings
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TransAct Technologies Reports Preliminary First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.83%
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earnings
Stock TACT logo
Transact Technologies Inc.

Nasdaq:TACT

TACT Rankings

#4748 Ranked by Market Cap
#410 Ranked by Stock Gains
N/A Ranked by Dividends

TACT Stock Data

48.08M
7.20M
10.47%
61.75%
0.46%
Computer Storage Device Manufacturing
Manufacturing
Link
United States
Hamden

About TACT

transact technologies incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including restaurant solutions, pos automation, casino and gaming, lottery, mobile, and oil and gas. the company’s solutions are designed from the ground up based on customer requirements and are sold under the accudate™, epicentral®, epic®, ithaca®, responder, printrex®, and other brands. transact has over 3.0 million printers and terminals installed around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. through the transact services group, the company also provides customers with a complete range of supplies and consumable items. transact headquarters is in hamden, ct.