TransAct Technologies Inc expected to post a loss of 5 cents a share - Earnings Preview
TransAct Technologies Inc
TACT is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2025The Hamden Connecticut-based company is expected to report a 8.2% increase in revenue to $12.55 million from $11.6 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for TransAct Technologies Inc is for a loss of 5 cents per share.
The one available analyst rating on the shares is "buy".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for TransAct Technologies Inc is $5.00, about 23.4% above its last closing price of $3.83
The company's guidance on May 13 2025 for the period ended June 30 was for gross profit margin between 45% and 48%.
This summary was machine generated August 4 at 21:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
