TransAct Technologies Incorporated (TACT) Q2 2026 Earnings Call Transcript
TransAct Technologies Incorporated (TACT) Q2 2026 Earnings Call Transcript

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal ...
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Est. EPS $-0.06 · Revenue $13.90M · 1 analysts
Est. EPS $-0.06 · Revenue $13.90M · 1 analysts
Est. EPS $-0.04 · Revenue $56.20M · 1 analysts
Est. EPS $-0.04 · Revenue $14.20M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $51.5M | +18.7% | -3.2% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-1.2M | +87.4% | -106.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +48.6% | -1.9% | -0.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -2.7% | +67.1% | -107.2% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -2.4% | +89.4% | -106.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $7.6M | +391.5% | +304.5% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +14.7% | +314.2% | +311.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 11.4% | -16.3% | -49.8% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.97x | -0.1% | -15.3% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $44.8M | +1.7% | +6.5% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.12 vs -0.12 | 0.0% | -0.00 vs -0.06 | +91.8% |
| Revenue Surprise | $51.5M vs $51.5M | -0.0% | $13.9M vs $13.9M | +0.3% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | DILLON JOHN | director, officer: President and CEO | Common Stock | A | 12,050 | — |
| Aug 3, 2026 | DILLON JOHN | director, officer: President and CEO | Restricted Stock Units | D | 12,050 | — |
| Jul 1, 2026 | Ingianni Troy W | officer: CFO, Treas. & Secr. | Restricted Stock Units | A | 15,000 | — |
| Jul 1, 2026 | Ingianni Troy W | — | — | — | 0 | — |
| Jun 30, 2026 | DEMARTINO STEVEN A | officer: President, CFO, Treas. & Secr. | Common Stock | A | 41,747 | — |
Operator: Greetings. Welcome to the TransAct Technologies Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to Ryan Gardella, Investor Relations. Thank you, Ryan. You may begin. Ryan Gardella: Thanks, Sam. Good afternoon. Welcome to the TransAct Technologies Second Quarter 2026 Earnings Call. Today we'll be discussing the results announced in our press release issued after market close. Joining us from the company is CEO, John Dillon; and CFO, Troy Ingianni. Today's call will include a discussion of the company's key operating strategies, the progress in those initiatives, and details on our second quarter financial results. We'll then open the call to participants for questions. As a reminder, this conference call contains statements about future events and expectations, which are forward-looking in nature. Statements on this call may be deemed as forward-looking and actual results may differ materially. For a full list of risks inherent to the business and the company, please refer to the company's SEC filings, including its reports, Forms 10-K and 10-Q. TransAct undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances that occur after the call. Today's call and webcast will include non-GAAP financial measures within the meaning of the SEC Regulation G. When required, reconciliation of all non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP can be found in today's press release as well as on the company website. And with that, I'd like to turn the call over to John. John Dillon: Thanks, Ryan, and good afternoon, everyone, and thank you for joining us today. Before I begin, let me introduce you to Troy Ingianni. I'm delighted to have him here. He's joining us as our new CFO and on the call for the first time. And let me just say, he's been great to work with. He's really exceptional at his job. And I couldn't be happier to have him on our team. And I think as shareholders, you'll be pleased as well with him. He's a great addition, and I'm really delighted to have him here. So thank you for joining us, Troy. And now let me begin my... Troy Ingianni: Thank you, John. I appreciate that. John Dillon: You're welcome, Troy. Yes. So I'm pleased to report that TransAct delivered solid second quarter results that continue to demonstrate progress against the long-term strategy that we've discussed. Total net sales were $13.9 million. And as Troy will detail in a moment, this figure includes the impact of an approximate $1 million reduction to sales related to estimated customer refunds. These were driven by a U.S. Supreme Court ruling on certain import tariffs. Excluding this tariff impact, net sales would have been approximately $14.9 million, up 8% year over year. And adjusted EBITDA was $514,000 during the second quarter, …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
John Dillon | President, CEO & Director | USD 948,269 | Male | 1950 | Active |
Steven A. DeMartino | Advisor | USD 754,537 | Male | 1970 | Active |
Brent W. Richtsmeier | Chief Technology Officer | USD 582,701 | Male | 1965 | Active |
Andrew J. Hoffman | Senior Vice President of Product Management & Global Operations | USD 331,254 | Male | 1958 | Active |
Tracey S. Winslow | Global Chief Revenue Officer | USD 287,856 | Female | 1960 | Active |
William J. DeFrances | Vice President ,Chief Accounting Officer & Principal Accounting Officer | — | Male | 1964 | Active |
Troy W. Ingianni | CFO, Principal Accounting Officer, Treasurer & Secretary | — | Male | 1976 | Active |
Lynn Kozlowski | Senior Vice President of Human Resources | — | — | — | Active |
Louis Kelly | Senior Vice President of Casino & Gaming | — | Male | — | Active |
Dana Loof | Chief Marketing Officer | — | Female | 1967 | Active |
TransAct Technologies Incorporated (TACT) Q2 2026 Earnings Call Transcript

TransAct Technologies NASDAQ: TACT reported second-quarter net sales of $13.9 million, up slightly from $13.8 million a year earlier, as growth in its food service technology business was partially offset by tariff-related customer refund adjustments and lower reported casino and gaming revenue.

HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a leading provider of SaaS software and integrated hardware solutions, today reported preliminary results for the second quarter ended June 30, 2026. “TransAct delivered solid second-quarter results that reflect meaningful progress on our strategy to build a high margin, software-led recurring revenue business for FST,” said John Dillon, Chief Executive Officer of TransAct. “Underlyi.

HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) ("TransAct" or the "Company"), a leading provider of cloud-based software and integrated hardware solutions, today announced expanded capabilities within its BOHA!® integrated solution built to help quick service restaurants (QSRs) and convenience stores turn catering, commissary, and grab-and-go programs into reliable, profitable growth channels. The timing tracks with what's happening across the industry. Recent.

HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT), a leading provider of SaaS platform and integrated hardware solutions, today announced the launch of its next-generation BOHA!® SaaS platform, delivering a major advancement in enterprise foodservice technology. The launch marks a major milestone in TransAct's strategy to accelerate innovation and modernize back-of-house operations through a scalable cloud platform for customers worldwide. TransAct has completed.
