Transact Technologies: Q2 Earnings Insights

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Transact Technologies TACT reported its Q2 earnings results on Wednesday, August 17, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Transact Technologies beat estimated earnings by 22.58%, reporting an EPS of $-0.24 versus an estimate of $-0.31.

Revenue was up $3.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.22 which was followed by a 11.95% drop in the share price the next day.

Here's a look at Transact Technologies's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.19 -0.22 -0.28 -0.25
EPS Actual -0.41 -0.19 -0.13 -0.24
Revenue Estimate 11.12M 10.18M 9.44M 8.33M
Revenue Actual 9.70M 11.12M 10.64M 9.32M

To track all earnings releases for Transact Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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