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TransAct Technologies Beats Q3 Revenue and EPS Loss Estimates

Earnings Whispers · ·by G4L

TACT
TACT Transact Technologies Inc
$4.85 -0.61%
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  1. 1TransAct Technologies recorded $14.44 million in revenue for the third quarter.
  2. 2TransAct Technologies outperformed consensus estimates by 33.3% regarding its $0.06 loss.
  3. 3The board is considering the sale of its Foodservice Technology (FST) business unit.

So what's the key point?

TransAct Technologies generated more revenue than expected in the third quarter. Because losses were smaller than experts predicted, the company is also considering selling a business unit.

Source Earnings Whispers · View original ↗

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