TransAct Q1 Earnings, Revenue Rise; Reports Share Buyback Plan

MT Newswires Live
May 13

TransAct Technologies (TACT) reported a preliminary Q1 net income late Tuesday of $0.07 per diluted share, compared with a break-even a year ago.

Revenue for the quarter ended March 31 was $14.4 million, up from $13.1 million a year earlier.

For 2026, the firm expects revenue of $55 million to $57 million.

The company also said its board has also approved a share repurchase program of up to $3 million of its stock over the next 12 months.

Shares were up over 6% in after-hours trading.

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