TransAct Technologies to Report Third Quarter 2024 Results On November 7, 2024, Host Conference Call and Webcast
Earnings Release Announcement: TransAct Technologies Incorporated will release its third quarter 2024 results on November 7, 2024, and host a conference call at 4:30 p.m. ET, which is open to the public.
Company Overview: TransAct Technologies specializes in software-driven technology and printing solutions for various markets, having sold over 3.9 million devices globally and offering extensive customer support and services.
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Logitech (LOGI) Sees 11.3% Upward Revision in 2026 Earnings Estimate
- Industry Outlook: The Zacks Computer Peripheral Equipment industry has surged 25.2% over the past 12 months, indicating strong market demand, as companies actively develop innovative products to meet consumer needs despite a challenging economic environment.
- PC Demand Recovery: An increase in commercial PC demand is expected to drive growth in the peripheral market, particularly with the Windows 11 upgrades and the onset of a PC refresh cycle, enhancing the industry's prospects.
- 3D Printing Opportunities: The widespread adoption of 3D printing technology presents long-term investment opportunities for the industry, especially in sectors like medical, aerospace, and automotive, driving demand for personalized and efficient manufacturing solutions.
- Macroeconomic Challenges: Despite the optimistic industry outlook, high interest rates and inflation may impact consumer spending, with enterprises postponing IT spending plans, potentially exerting short-term pressure on the peripheral market.
TransAct Technologies Finalizes BOHA! Terminal 2 LTE Deployment with Major National Sushi Chain
New Orders for BOHA! Terminal 2 LTE: TransAct Technologies has received initial orders for 596 units of its BOHA! Terminal 2 LTE from a major sushi franchise operator, part of a plan to modernize 2,108 locations over time.
Enhanced Features and Benefits: The new terminal improves speed, reliability, and connectivity, addressing complex workflows and enhancing operational efficiency, while also supporting franchisee adoption through a limited-time promotion.
TransAct (TACT) Q2 Revenue Jumps 19%
Financial Performance: TransAct Technologies reported a 19% year-over-year increase in GAAP revenue for Q2 2025, reaching $13.8 million, and narrowed its GAAP earnings loss to $(0.01) per share, exceeding analyst expectations. The company saw growth in recurring revenue from its Food Service Technology segment, despite ongoing challenges in POS Automation.
Operational Developments: The company focused on expanding its recurring revenue base and product innovation, including acquiring control of the BOHA! software source code. Management updated its FY2025 sales outlook to between $49 million and $53 million, indicating improved financial performance but highlighting continued margin pressures and execution risks.
Zacks Industry Outlook Highlights LG Display, Immersion and TransAct
Industry Overview: The Zacks Computer-Peripheral Equipment industry, including companies like LG Display, Immersion, and TransAct Technologies, is positioned to benefit from rising demand for gaming accessories and 3D printing solutions, despite facing challenges from inflation and high interest rates impacting IT spending.
Market Dynamics: A shift towards professional gaming experiences and increasing commercial PC demand are expected to drive growth in the sector, while macroeconomic headwinds and elevated operating expenses may hinder profitability in the near term.
TransAct Technologies Expands BOHA! Platform with New Contract Foodservice Customer
New Contract Announcement: TransAct Technologies has secured a contract with a new food service customer to implement the BOHA!® Platform across 55 locations, enhancing labor efficiency and operational consistency.
BOHA! Platform Benefits: The adoption of BOHA! is increasing among contract foodservice providers, offering improved control, reduced manual effort, and consistent execution in a challenging labor environment.
TransAct Technologies Secures Major BOHA!® Terminal 2 Upgrade with Leading National Convenience Store Chain
Upgrade Announcement: TransAct Technologies has successfully upgraded all 1,400 BOHA! units for a major convenience store chain to the new BOHA! Terminal 2, enhancing productivity and efficiency in foodservice operations.
Operational Impact: The BOHA! Terminal 2 streamlines workflows, leading to labor savings, improved food safety, and reduced waste, while also supporting the customer's various national brand restaurants within their stores.
Logitech (LOGI) Sees 11.3% Upward Revision in 2026 Earnings Estimate
- Industry Outlook: The Zacks Computer Peripheral Equipment industry has surged 25.2% over the past 12 months, indicating strong market demand, as companies actively develop innovative products to meet consumer needs despite a challenging economic environment.
- PC Demand Recovery: An increase in commercial PC demand is expected to drive growth in the peripheral market, particularly with the Windows 11 upgrades and the onset of a PC refresh cycle, enhancing the industry's prospects.
- 3D Printing Opportunities: The widespread adoption of 3D printing technology presents long-term investment opportunities for the industry, especially in sectors like medical, aerospace, and automotive, driving demand for personalized and efficient manufacturing solutions.
- Macroeconomic Challenges: Despite the optimistic industry outlook, high interest rates and inflation may impact consumer spending, with enterprises postponing IT spending plans, potentially exerting short-term pressure on the peripheral market.
TransAct Technologies Finalizes BOHA! Terminal 2 LTE Deployment with Major National Sushi Chain
New Orders for BOHA! Terminal 2 LTE: TransAct Technologies has received initial orders for 596 units of its BOHA! Terminal 2 LTE from a major sushi franchise operator, part of a plan to modernize 2,108 locations over time.
Enhanced Features and Benefits: The new terminal improves speed, reliability, and connectivity, addressing complex workflows and enhancing operational efficiency, while also supporting franchisee adoption through a limited-time promotion.
TransAct (TACT) Q2 Revenue Jumps 19%
Financial Performance: TransAct Technologies reported a 19% year-over-year increase in GAAP revenue for Q2 2025, reaching $13.8 million, and narrowed its GAAP earnings loss to $(0.01) per share, exceeding analyst expectations. The company saw growth in recurring revenue from its Food Service Technology segment, despite ongoing challenges in POS Automation.
Operational Developments: The company focused on expanding its recurring revenue base and product innovation, including acquiring control of the BOHA! software source code. Management updated its FY2025 sales outlook to between $49 million and $53 million, indicating improved financial performance but highlighting continued margin pressures and execution risks.
Zacks Industry Outlook Highlights LG Display, Immersion and TransAct
Industry Overview: The Zacks Computer-Peripheral Equipment industry, including companies like LG Display, Immersion, and TransAct Technologies, is positioned to benefit from rising demand for gaming accessories and 3D printing solutions, despite facing challenges from inflation and high interest rates impacting IT spending.
Market Dynamics: A shift towards professional gaming experiences and increasing commercial PC demand are expected to drive growth in the sector, while macroeconomic headwinds and elevated operating expenses may hinder profitability in the near term.
TransAct Technologies Expands BOHA! Platform with New Contract Foodservice Customer
New Contract Announcement: TransAct Technologies has secured a contract with a new food service customer to implement the BOHA!® Platform across 55 locations, enhancing labor efficiency and operational consistency.
BOHA! Platform Benefits: The adoption of BOHA! is increasing among contract foodservice providers, offering improved control, reduced manual effort, and consistent execution in a challenging labor environment.
TransAct Technologies Secures Major BOHA!® Terminal 2 Upgrade with Leading National Convenience Store Chain
Upgrade Announcement: TransAct Technologies has successfully upgraded all 1,400 BOHA! units for a major convenience store chain to the new BOHA! Terminal 2, enhancing productivity and efficiency in foodservice operations.
Operational Impact: The BOHA! Terminal 2 streamlines workflows, leading to labor savings, improved food safety, and reduced waste, while also supporting the customer's various national brand restaurants within their stores.
