Transact Technologies Q3 2023 EPS $0.09 Beats $(0.01) Estimate, Sales $17.19M Beat $16.19M Estimate
Portfolio Pulse from totan@benzinga.com
Transact Technologies (NASDAQ:TACT) reported Q3 2023 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.01) by 1000 percent. This is an 80 percent increase from the same period last year. The company also reported quarterly sales of $17.19 million, beating the analyst consensus estimate of $16.19 million by 6.18 percent, although this is a 3.73 percent decrease from the same period last year.
November 09, 2023 | 9:10 pm
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Transact Technologies reported better than expected Q3 2023 earnings and sales, although sales decreased compared to the same period last year.
Transact Technologies reported a significant beat on earnings estimates, which is likely to be viewed positively by the market. However, the decrease in sales compared to the same period last year might temper this positive impact.
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IMPORTANCE 80
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