TransAct Technologies (TACT) Scheduled to Post Earnings on Thursday

TransAct Technologies (NASDAQ:TACT) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect TransAct Technologies to post earnings of ($0.08) per share for the quarter. TransAct Technologies has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

TransAct Technologies (NASDAQ:TACT) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.14. The firm had revenue of $11.60 million during the quarter, compared to analyst estimates of $10.25 million. TransAct Technologies had a negative return on equity of 1.31% and a negative net margin of 0.97%. During the same period in the previous year, the company earned $0.22 earnings per share. On average, analysts expect TransAct Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TransAct Technologies Trading Up 0.5 %

TransAct Technologies stock traded up $0.02 during midday trading on Tuesday, hitting $4.20. The stock had a trading volume of 116 shares, compared to its average volume of 22,382. The stock has a market cap of $42 million, a P/E ratio of -83.60 and a beta of 1.74. TransAct Technologies has a 12 month low of $3.32 and a 12 month high of $7.97. The business has a fifty day moving average price of $4.36 and a 200 day moving average price of $4.12.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on TransAct Technologies in a report on Thursday, October 10th. They issued a “hold” rating for the company.

About TransAct Technologies

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.