TransAct Technologies Inc
NASDAQ:TACT
TransAct Technologies Inc
TransAct Technologies, Inc. operates as a software-driven technology and printing solutions company. The company is headquartered in Hamden, Connecticut and currently employs 118 full-time employees. Its products are designed based on customer requirements and are sold under the BOHA!, AccuDate, EPICENTRAL, Epic, Ithaca and Printrex brands. Through the TransAct Services Group (TSG), it provides a range of supplies and consumables used in the printing activities of customers. The company designs, develops and markets a range of transaction-based and specialty printers and terminals using thermal printing technology. Its maintenance services include the sale of extended warranties, multi-year maintenance contracts, a 24-hour guaranteed replacement product service called TransAct Xpress. Its EPICENTRAL Print System (EPICENTRAL), that enables casino operators to create promotional coupons and marketing messages and print them in real time at the slot machine.
TransAct Technologies, Inc. operates as a software-driven technology and printing solutions company. The company is headquartered in Hamden, Connecticut and currently employs 118 full-time employees. Its products are designed based on customer requirements and are sold under the BOHA!, AccuDate, EPICENTRAL, Epic, Ithaca and Printrex brands. Through the TransAct Services Group (TSG), it provides a range of supplies and consumables used in the printing activities of customers. The company designs, develops and markets a range of transaction-based and specialty printers and terminals using thermal printing technology. Its maintenance services include the sale of extended warranties, multi-year maintenance contracts, a 24-hour guaranteed replacement product service called TransAct Xpress. Its EPICENTRAL Print System (EPICENTRAL), that enables casino operators to create promotional coupons and marketing messages and print them in real time at the slot machine.
Revenue Growth: TransAct reported Q3 revenue of $13.2 million, up 21% year-over-year but down 5% sequentially.
FST Momentum: Foodservice technology (FST) sales rose to $4.8 million, up 13% YoY, with strong recurring revenue and ARPU improvement.
Casino & Gaming: Casino and gaming sales grew 58% YoY to $7.1 million, though management expects a sequential decline in Q4 due to domestic market softness.
Guidance Maintained: Full-year revenue guidance remains at $50–53 million, with adjusted EBITDA targeted between breakeven and $1.5 million.
Product Strategy: Progress on BOHA! platform highlighted by new customer wins and the recent acquisition of BOHA! source code.
Strong Balance Sheet: Ended Q3 with over $20 million in cash, providing flexibility for future strategy and growth.
Margins Improved: Gross margin increased to 49.8%, up both YoY and sequentially.
