Overview
* TransAct Q2 net sales rise 19% yr/yr, beating analyst expectations
* Adjusted EBITDA for Q2 beats estimates, reflecting improved profitability
* Co acquires perpetual license for BOHA! software source code
Outlook
* Company expects full-year 2025 net sales between $49 mln and $53 mln
* TransAct forecasts adjusted EBITDA for 2025 to be $0 to $1.5 mln
Result Drivers
* CASINO AND GAMING SALES - Casino and gaming sales increased 42% yr/yr and 14% sequentially, contributing to revenue growth
* FST REVENUE - FST recurring revenue rose 7% yr/yr, reflecting progress in sales strategies
* SOURCE CODE ACQUISITION - Acquisition of BOHA! software source code expected to enhance platform capabilities
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Sales Beat $13.80 $12.60
mln mln (1
Analyst)
Q2 EPS -$0.01
Q2 Net -$143,00
Income 0
Q2 Beat $478,000 -$87,000
Adjusted (1
EBITDA Analyst)
Q2 Gross 48.2%
Margin
Q2 -$258,00
Operatin 0
g Income
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the computer hardware peer group is "buy"
* Wall Street's median 12-month price target for TransAct Technologies Inc ( TACT ) is $5.00, about 22.8% above its August 5 closing price of $3.86
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)