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TransAct Technologies Incorporated (NASDAQ:TACT) Q1 2024 Earnings Call Transcript

TransAct Technologies Incorporated (NASDAQ:TACT) Q1 2024 Earnings Call Transcript
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GGRAsia – CasinoTrac-Epicentral integration from Table Trac, TransAct

GGRAsia – CasinoTrac-Epicentral integration from Table Trac, TransAct
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GGRAsia – IGSA creates committee for cyber risk management

GGRAsia – IGSA creates committee for cyber risk management
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GGRAsia – Shuldman resigns as TransAct CEO, Dillon interim CEO

GGRAsia – Shuldman resigns as TransAct CEO, Dillon interim CEO
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GGRAsia – TransAct 4Q casino sales up 33pct sequentially


Casino-equipment and food-service technology supplier TransAct Technologies Inc announced on Tuesday fourth-quarter sales in the casino and gaming segment rose by 33.3 percent sequentially, to nearly US$2.7 million. The figure represented a decline of 49.8 percent from the US$5.3 million in fourth-quarter sales a year earlier.
“Throughout our most challenging year ever we proved the agility of our business model by posting sequentially stronger sales quarters in the second half of 2020 and we finished the year with momentum as we enter 2021,” said Bart Shuldman, chairman and chief executive of the group, in commentary accompanying the fourth-quarter numbers.
TransAct reported a net loss of US$1.9 million for the three months to December 31, up from a US$867,000 net loss in the previous quarter. The latest result was a nearly 140-percent increase from the US$800,000 loss in the final quarter a year earlier. ....

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