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TransAct Technologies — Third Quarter 2026 Earnings Summary

  • Net sales rose 10% year-over-year to $14.4 million, driven by a 33% surge in Food Service Technology (FST) to $6.4 million, though this was offset by an 11% decline in Casino and Gaming sales to $6.4 million.
  • The company reported an operating loss of $(415) thousand and a net loss of $(440) thousand, contrasting with prior year operating income and net income, while gross margin contracted to 46.4% from 49.8%.
  • Full-year 2026 guidance was revised downward to net sales of $55–$56 million and adjusted EBITDA of $1.5–$1.75 million, reflecting continued soft demand in the Casino and Gaming sector expected into Q4.
  • The Board initiated a formal strategic review of the Casino and Gaming business and is evaluating alternatives including a potential sale of the FST business, with no timetable or assurance of a transaction.
Company
TRANSACT TECHNOLOGIES INC
Sector
Technology
Industry
Computer Hardware