TransAct Technologies Incorporated (NASDAQ:TACT) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 7.10 million ~ $ 7.30 million
Click Here For More Historical Outlooks Of TransAct Technologies Incorporated
Previous Quarter Performance
TransAct Technologies Incorporated disclosed loss for the second quarter of $ 0.25 per share, from the revenue of $ 5.29 million. Street analysts expected TransAct Technologies Incorporated to report loss of $ 0.34 per share on revenue of $ 5.08 million for the second quarter. The bottom line results beat street analysts by $ 0.09 or 26.47 percent, at the same time, top line results outshined analysts by $ 0.21 million or 4.13 percent.
Stock Performance
Shares of TransAct Technologies Incorporated traded low $ -0.04 or -0.53 percent on Wednesday, reaching $ 7.56 with volume of 54.10 thousand shares. TransAct Technologies Incorporated has traded high as $ 7.79 and has cracked $ 7.56 on the downward trend
The closing price of $ 7.56, representing a 164.81 % increase from the 52 week low of $ 2.87 and a 37.14 % decrease over the 52 week high of $ 12.09.
The company has a market capital of $ 67.50 million and is part of the Technology sector and Computer Systems industry.
Conference Call
TransAct Technologies Incorporated will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.transact-tech.com
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal and inkjet printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents, as well as printed logging and plotting of data. The company also provides consumable products, including inkjet cartridges, ribbons, receipt papers, color thermal papers, food safety labels, and other printing supplies, as well as replacement parts; maintenance, repair, and testing services; and refurbished printers.
