Earnings ·
TransAct Technologies reported preliminary second quarter 2026 net sales of $13.9 million and a net loss of $50 thousand
TACTTransact Technologies Inc
TransAct Technologies reported preliminary second quarter 2026 net sales of $13.9 million and a net loss of $50 thousand. The company increased its full-year adjusted EBITDA guidance to $1.5–$2.0 million while maintaining revenue guidance at $55–$57 million. Management engaged Bofa Securities as financial advisor for a strategic review of the Casino and Gaming business, which generated $7.3 million in quarterly sales. Separately, the company entered into a severance agreement with CFO Troy W. Ingianni providing for six months of salary continuation and bonus pro-ration upon termination without cause, or one year of compensation plus accelerated equity vesting following a change in control. TransAct Technologies provides SaaS software and integrated hardware solutions for foodservice automation and casino gaming ticket-in/ticket-out systems.