TransAct Appoints Robert Campbell as CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy TACT?
TransAct Technologies announced the appointment of Robert Campbell as CFO, effective upon the June 30 retirement of long-time CFO, Steven DeMartino. Additionally, TransAct announced that William DeFrances, the company's Principal Accounting Officer, will retire later this year. As part of a planned succession ahead of DeFrances' retirement, Campbell has been named Principal Accounting Officer, effective immediately. DeFrances will continue to serve as an advisor after his retirement to help ensure a smooth transition. Prior to joining TransAct, Campbell held senior finance leadership roles at Lydall, Inc., including Director of Global Treasury and Director of Corporate Accounting, where he was responsible for global treasury operations, SEC reporting, financial consolidations, and capital structure management.
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Analyst Views on TACT
Wall Street analysts forecast TACT stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.470
Low
5.00
Averages
5.00
High
5.00
Current: 3.470
Low
5.00
Averages
5.00
High
5.00
About TACT
TransAct Technologies Incorporated develops and sells software-driven technology and printing solutions for markets, including food service, casino, and gaming, and point of sale (POS) automation. The Company’s solutions are designed based on customer requirements and are sold under the BOHA!, AccuDate, EPICENTRAL, Epic and Ithaca brands. Through the TransAct Services Group, it also provides customers with a range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. Its primary offering in the food service technology market is its line of BOHA! Products. In the POS market, it sells a printer utilizing thermal printing technology. It sells several models of printers used in slot machines and video lottery terminals (VLTs) and other gaming machines that print tickets or receipts instead of issuing coins at casinos, racetracks, and other gaming venues worldwide. It also offers a software solution, the EPICENTRAL Print System.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
TransAct Technologies CFO Retirement and Successor Announcement
- Executive Transition: TransAct Technologies announced the retirement of longtime CFO Steven A. DeMartino effective June 30, marking a significant leadership change after nearly 30 years with the company.
- New CFO Appointment: Robert Campbell has been named as the new CFO, having served as controller since 2022, and will also take on the roles of secretary and treasurer, which is expected to enhance the company's financial management.
- Strategic Alignment: CEO John Dillon stated that this leadership transition supports the company's strategy to expand recurring revenue through its BOHA! cloud-based SaaS platform, indicating a strong focus on future growth.
- Advisory Role: DeMartino will remain in an advisory capacity until the end of 2026 to assist with the transition, ensuring stability and continuity for the company during this period of change.
See More
Transact Technologies Reports Strong Q4 2025 Earnings
- Significant Sales Growth: Transact Technologies reported total net sales of $11.5 million in Q4 2025, a 12% increase from $10.2 million in Q4 2024, with full-year sales reaching $51.5 million, up 19% from 2024, indicating effective sales strategies and strong market demand.
- FST Revenue Increase: The FST net sales for Q4 2025 were $4.8 million, a 12% year-over-year increase, while full-year FST sales reached $19.3 million, up 20%, demonstrating the company's sustained growth potential in the foodservice technology sector.
- Strong Cash Flow: By the end of 2025, Transact Technologies had over $20 million in cash, an increase of $6 million from 2024, reflecting a solid financial position that provides ample funding for future investments.
- Improved Adjusted EBITDA: The adjusted EBITDA for Q4 2025 was negative $499,000, an improvement from negative $705,000 in the same quarter last year, while the full-year adjusted EBITDA was positive $1.2 million, indicating a positive shift in the company's profitability outlook.
See More
TransAct Technologies Reports Strong Q4 2025 Earnings with Strategic Focus on Software Growth
- Significant Sales Growth: TransAct achieved net sales of $11.5 million in Q4 2025, a 12% increase year-over-year, with total sales for the year reaching $51.5 million, reflecting a 19% growth compared to 2024, indicating strong market performance and growth potential.
- Software Strategy Priority: CEO John Dillon emphasized that software will serve as the primary growth engine moving forward, with plans to launch TransAct's own BOHA! software version in 2026, and to enhance revenue and market competitiveness through a new application store model and customer migration to a public cloud platform.
- Ongoing Investment and Profit Outlook: Management expects 2026 net sales to be between $55 million and $57 million, with adjusted EBITDA projected between $800,000 and $1.5 million, indicating a commitment to targeted investments in marketing and sales while maintaining fiscal discipline.
- New CMO Appointment: The addition of new Chief Marketing Officer Dana Loof will drive competitive positioning and investor relations, with Dillon noting her priorities will include enhancing brand messaging and lead generation, thereby strengthening the company's market presence.
See More
TransAct Technologies Reports 12% Q4 Sales Growth Amid Loss Reduction
- Sales Performance Boost: TransAct Technologies reported preliminary net sales of $11.5 million for Q4 2025, reflecting a 12% increase from $10.2 million a year earlier, primarily driven by robust sales in the casino, gaming, and food service technology markets, indicating a recovery in demand in these sectors.
- Narrowed Net Loss: The company posted a net loss of $1.1 million in Q4, or 11 cents per share, compared to a net loss of $8.0 million, or 79 cents per share, in the same quarter of 2024, demonstrating significant progress in cost control and operational efficiency.
- Recurring Revenue Growth: FST recurring revenue rose 24% to $3.4 million in the quarter, reflecting the sustained appeal and expanding customer base in this segment, which further enhances the company's revenue stability.
- Optimistic Future Outlook: TransAct expects full-year 2026 net sales between $55 million and $57 million, with adjusted EBITDA projected at $800,000 to $1.5 million, indicating confidence in future growth despite ongoing loss pressures.
See More
TransAct Tech Reports Q4 Financial Highlights
- Revenue Growth: TransAct Tech reported Q4 revenue of $11.5 million, a 12.4% year-over-year increase, indicating signs of recovery in the market, although total revenue fell to $251.7 million from $418.8 million last year.
- Decline in Digital Revenue: Digital revenue decreased to $153.3 million from $224.3 million year-over-year, reflecting challenges in digital product sales that could impact future market share.
- Improved Operating Income: The company achieved its first positive operating income of $5.5 million, a significant turnaround from an operating loss of $66.2 million last year, demonstrating substantial progress in cost control and operational efficiency.
- Cash Flow Improvement: For the year ended December 31, 2025, cash provided by operating activities was $21.8 million, a notable increase from $2.6 million in the prior year, indicating positive changes in cash management and profitability.
See More
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.
See More
TransAct Technologies CFO Retirement and Successor Announcement
- Executive Transition: TransAct Technologies announced the retirement of longtime CFO Steven A. DeMartino effective June 30, marking a significant leadership change after nearly 30 years with the company.
- New CFO Appointment: Robert Campbell has been named as the new CFO, having served as controller since 2022, and will also take on the roles of secretary and treasurer, which is expected to enhance the company's financial management.
- Strategic Alignment: CEO John Dillon stated that this leadership transition supports the company's strategy to expand recurring revenue through its BOHA! cloud-based SaaS platform, indicating a strong focus on future growth.
- Advisory Role: DeMartino will remain in an advisory capacity until the end of 2026 to assist with the transition, ensuring stability and continuity for the company during this period of change.
See More
Transact Technologies Reports Strong Q4 2025 Earnings
- Significant Sales Growth: Transact Technologies reported total net sales of $11.5 million in Q4 2025, a 12% increase from $10.2 million in Q4 2024, with full-year sales reaching $51.5 million, up 19% from 2024, indicating effective sales strategies and strong market demand.
- FST Revenue Increase: The FST net sales for Q4 2025 were $4.8 million, a 12% year-over-year increase, while full-year FST sales reached $19.3 million, up 20%, demonstrating the company's sustained growth potential in the foodservice technology sector.
- Strong Cash Flow: By the end of 2025, Transact Technologies had over $20 million in cash, an increase of $6 million from 2024, reflecting a solid financial position that provides ample funding for future investments.
- Improved Adjusted EBITDA: The adjusted EBITDA for Q4 2025 was negative $499,000, an improvement from negative $705,000 in the same quarter last year, while the full-year adjusted EBITDA was positive $1.2 million, indicating a positive shift in the company's profitability outlook.
See More
TransAct Technologies Reports Strong Q4 2025 Earnings with Strategic Focus on Software Growth
- Significant Sales Growth: TransAct achieved net sales of $11.5 million in Q4 2025, a 12% increase year-over-year, with total sales for the year reaching $51.5 million, reflecting a 19% growth compared to 2024, indicating strong market performance and growth potential.
- Software Strategy Priority: CEO John Dillon emphasized that software will serve as the primary growth engine moving forward, with plans to launch TransAct's own BOHA! software version in 2026, and to enhance revenue and market competitiveness through a new application store model and customer migration to a public cloud platform.
- Ongoing Investment and Profit Outlook: Management expects 2026 net sales to be between $55 million and $57 million, with adjusted EBITDA projected between $800,000 and $1.5 million, indicating a commitment to targeted investments in marketing and sales while maintaining fiscal discipline.
- New CMO Appointment: The addition of new Chief Marketing Officer Dana Loof will drive competitive positioning and investor relations, with Dillon noting her priorities will include enhancing brand messaging and lead generation, thereby strengthening the company's market presence.
See More
TransAct Technologies Reports 12% Q4 Sales Growth Amid Loss Reduction
- Sales Performance Boost: TransAct Technologies reported preliminary net sales of $11.5 million for Q4 2025, reflecting a 12% increase from $10.2 million a year earlier, primarily driven by robust sales in the casino, gaming, and food service technology markets, indicating a recovery in demand in these sectors.
- Narrowed Net Loss: The company posted a net loss of $1.1 million in Q4, or 11 cents per share, compared to a net loss of $8.0 million, or 79 cents per share, in the same quarter of 2024, demonstrating significant progress in cost control and operational efficiency.
- Recurring Revenue Growth: FST recurring revenue rose 24% to $3.4 million in the quarter, reflecting the sustained appeal and expanding customer base in this segment, which further enhances the company's revenue stability.
- Optimistic Future Outlook: TransAct expects full-year 2026 net sales between $55 million and $57 million, with adjusted EBITDA projected at $800,000 to $1.5 million, indicating confidence in future growth despite ongoing loss pressures.
See More
TransAct Tech Reports Q4 Financial Highlights
- Revenue Growth: TransAct Tech reported Q4 revenue of $11.5 million, a 12.4% year-over-year increase, indicating signs of recovery in the market, although total revenue fell to $251.7 million from $418.8 million last year.
- Decline in Digital Revenue: Digital revenue decreased to $153.3 million from $224.3 million year-over-year, reflecting challenges in digital product sales that could impact future market share.
- Improved Operating Income: The company achieved its first positive operating income of $5.5 million, a significant turnaround from an operating loss of $66.2 million last year, demonstrating substantial progress in cost control and operational efficiency.
- Cash Flow Improvement: For the year ended December 31, 2025, cash provided by operating activities was $21.8 million, a notable increase from $2.6 million in the prior year, indicating positive changes in cash management and profitability.
See More
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.
See More
