Transact Technologies (TACT) Misses Q1 EPS by 5c
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TransAct Technologies Reports 2016 First Quarter Results
May 4, 2016 4:05 PM EDTReports 2016 First Quarter Revenue of $14.4 Million and $0.08 GAAP Diluted EPS
HAMDEN, Conn.--(BUSINESS WIRE)-- TransAct Technologies Incorporated (Nasdaq: TACT) (TransAct or the Company), a global leader in software-driven technology and printing solutions for high-growth markets, today reported operating results for the first quarter ended March 31, 2016, as summarized below:
Summary of 2016 Q1 Results
(In millions, except per share and percentage data)
 ÂThree Months EndedMarch 31,
Â2016
    2015  Net sales $ 14.4  $ 16.2 Gross profit $ 5.9 $ 6.5 Gross margin41.0%
Â
40.2%
Â
Operating income $ 0.9 $ 0.2... More