TransAct Technologies (TACT) Expected to Announce Earnings on Tuesday

TransAct Technologies (NASDAQ:TACT) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $11.04 million for the quarter. TransAct Technologies has set its FY 2025 guidance at EPS.

TransAct Technologies (NASDAQ:TACT) last issued its quarterly earnings data on Thursday, March 13th. The technology company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.03. The firm had revenue of $10.23 million for the quarter, compared to analyst estimates of $10.37 million. TransAct Technologies had a negative net margin of 4.24% and a negative return on equity of 5.08%. 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 Stock Performance

Shares of TACT opened at $3.40 on Tuesday. The company’s 50-day simple moving average is $3.72 and its 200-day simple moving average is $4.07. TransAct Technologies has a 1 year low of $3.23 and a 1 year high of $5.47. The stock has a market capitalization of $34.28 million, a PE ratio of -17.00 and a beta of 1.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of TransAct Technologies in a report on Tuesday. They issued a “hold” rating on the stock.

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.