TransAct (TACT) Q2 Revenue Jumps 19%
TransAct Technologies (NASDAQ:TACT), a technology supplier focused on printing and software equipment for the food service and gaming industries, released second-quarter 2025 earnings on August 6, 2025. The company delivered stronger-than-expected results, with GAAP revenue of $13.8 million outpacing the analyst estimate of $12.55 million and GAAP earnings per share of $(0.01), beating expectations for a $(0.05) loss. Compared to Q2 2024, GAAP revenue rose by 19%, and losses narrowed, demonstrating progress in core Food Service Technology and Casino and Gaming segments. Despite improved financial performance and some operational progress, the quarter saw margin pressure, as gross margin declined to 48.2% and ongoing declines in POS automation GAAP net sales were observed in 2024 compared to 2023. Overall, the period marked an important step in the company's turnaround efforts amid mixed signals across its major business lines.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
TransAct Technologies develops solutions for the food service, casino, and gaming sectors. Its offerings include specialty printers, terminals, and related software that streamline processes for clients ranging from quick service restaurants to casinos. The Food Service Technology (FST) division, a centerpiece of its business, provides BOHA! terminals used for food safety, labeling, and kitchen automation. In gaming, the company manufactures and supplies ticket and receipt printers for gaming machines and lottery kiosks.
Source Fool.com
