TransAct Technologies Incorporated (TACT) Reports Q3 Loss, Misses Revenue Estimates
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TransAct Technologies Incorporated (TACT) reported a Q3 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.08 loss. However, the company missed revenue estimates.
November 08, 2024 | 12:30 am
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TransAct Technologies reported a Q3 loss of $0.06 per share, better than the expected $0.08 loss, but missed revenue estimates. This mixed result may lead to short-term volatility in the stock price.
The company's earnings per share were better than expected, which is a positive sign. However, missing revenue estimates is a negative factor. These mixed results could lead to short-term volatility in the stock price as investors react to both the positive and negative aspects of the earnings report.
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