Since my last article , a lot has changed at TransAct Technologies Incorporated (NASDAQ: TACT ). Specifically, the company's relationship with 7-Eleven will be ending, they've gained a significant QSR global approval, the gaming market is oversupplied, and the stock price Analyst's Disclosure: I/we have a beneficial long position in the shares of TACT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation ...

TransAct Technologies (TACT) shares have gained 15.9% in the past three months, outperforming the Zacks Computer and Technology sector, the Zacks Computer - peripheral Equipment industry and the S&P 500 index. This significant outperformance reflects TACT's continued success in expanding its product offerings, securing high-value deals and maintaining robust financial growth. With such impressive gains already on the board, the question remains — Should investors buy, sell or hold the stock now? TransAct Ex ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

TransAct Technologies (TACT) shares have plunged 37.6% year to date (YTD) against the Zacks Computer and Technology Sector and S&P 500 index's growth of 18.9% and 17.1%, respectively, YTD. TACT stock has also underperformed the Zacks Computer-Peripheral Equipment industry's decline of 28.4% in the same time frame. Reason Behind TACT Stock's Underperformance TransAct Technologies is grappling with multiple challenges in its Casino and Gaming business. TACT's OEM customers have slowed their order rates as mos ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 0-21121 (Exact name of registrant as specified in its charter) Delaware 06-1456680 (State or Other ...

TransAct Technologies Incorporated (NASDAQ:TACT) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Ryan Gardella - Investor Relations John Dillon - Chief Executive Officer Steve DeMartino - President and Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Rick Fearon - Accretive Capital Partners Operator Greetings and welcome to the TransAct Technologies Second Quarter of 2024 Earnings Call. At this time, all participants are in a listen-only mode. ...

TransAct Technologies Incorporated (TACT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 82.35%. A quarter ago, it was expected that this company would post a loss of $0.16 per share when it actually produced a loss of $0.10, delivering a surprise of 37.50%. Over the last four quarters, ...

Exhibit 99.1 TransAct Technologies Reports Preliminary Second Quarter 2024 Financial Results Sold Approximately 1,500 Terminals in the Quarter, Up 64% Sequentially Recurring FST Revenue Increased 15% Sequentially Added Thirteen New FST Customers in the Quarter Hamden, CT – August 8, 2024 – TransAct Technologies Incorporated (Nasdaq: TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the sec ...