$5.170
+0.097 (+1.87%)At close
TACT News
TACT Events
Company Expects FY26 Adjusted EBITDA Between $1.5M and $2.0M
The Company now expects FY26 adjusted EBITDA to be between $1.5 million and $2.0 million. Prior guidance was $1M-$1.75M.
TransAct Reports Q2 Revenue of $13.9M, Exceeds Estimates
Reports Q2 revenue $13.9M, one estimate $13.7M. "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. "Underlying demand remained healthy, with strong software growth and continued BOHA! unit placements expanding our install base. We also launched our next generation BOHA! SaaS platform on Microsoft Azure, giving us greater scale, speed, and control. As we focus on monetizing our growing base of online terminals, we are well positioned to drive more predictable, higher quality revenue over time. Casino and Gaming also saw another strong quarter. This market continues to generate substantial cash flow and positive results for the business. We have also engaged BofA Securities as our financial advisor given their expertise in the Casino and Gaming marketplace. We believe the time is right to explore potential strategic options, given the ongoing strength in this market."
TransAct Technologies Expands BOHA! Solution Capabilities
TransAct Technologies announced expanded capabilities within its BOHA! integrated solution built to "help quick service restaurants and convenience stores turn catering, commissary, and grab-and-go programs into reliable, profitable growth channel," the company said.
Poplar Point Capital Acquires 15.22% Stake in TransAct Technologies
In a regulatory filing, Poplar Point Capital disclosed it acquired a 15.22% stake in TransAct Technologies because they believe the shares are undervalued and represent an attractive investment opportunity. Poplar Point have had, and intends to have, discussions with TransAct's board and management in connection with the Poplar Point's investment inTransAct. The topics that these conversation have covered and will cover a range of issues, including those related to the business of the company, the potential exploration of strategic alternatives for the Company's casino and gaming ticket printer business, segmentation of the company's financial reporting, capital allocation, corporate governance and board composition Poplar Point may also have similar conversations with other stockholders or other interested parties, such as industry analysts, existing or potential strategic partners or competitors, investment professionals, and other investors.
TransAct Technologies Launches Next-Gen BOHA! SaaS Platform
TransAct Technologies announced the launch of its next-generation BOHA! SaaS platform, delivering a major advancement in enterprise foodservice technology. The launch marks a milestone in TransAct's strategy to accelerate innovation and modernize back-of-house operations through a scalable cloud platform for customers worldwide. "This launch marks a transformational milestone for BOHA!," said John Dillon, Chief Executive Officer of TransAct Technologies. "By migrating to Microsoft Azure, we can bring innovation and new capabilities to market faster, seamlessly integrate AI-powered workflows, and continuously deliver greater operational value to foodservice organizations worldwide."
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