TransAct Technologies Declares Quarterly Cash Dividend, Payable on March 13, 2015
Feb 4 15
TransAct Technologies Incorporated announced that its board of directors has declared a quarterly cash dividend of $0.08 per share. The dividend will be payable on March 13, 2015, to shareholders of record at the close of business on February 20, 2015.
TransAct Technologies Incorporated Names Andrew Newmark Executive VP of Global Sales & Marketing
Jan 28 15
TransAct Technologies Incorporated announced the appointment of Andrew Newmark to the newly created position of Executive Vice President of Global Sales & Marketing. Mr. Newmark brings to TransAct over 30 years of sales, marketing, managerial and entrepreneurial experience and will have direct oversight of the company's sales and marketing efforts across the Epic, Epicentral, Ithaca, Printrex and Responder brands which serve the casino and gaming, lottery, food safety, oil and gas exploration, and mobile machine-to-machine industries. He will report directly to the Companyâ s Chairman and Chief Executive Officer, Bart C. Shuldman. Prior to joining TransAct, Mr. Newmark served in a number of sales, marketing and development roles, including at companies he co-founded. Most recently, he was active as an investor and entrepreneur, supporting a number of venture capital and private equity-backed businesses. From November 2005 to March 2009, he served as Vice President of Business Development for Newell Rubbermaid's Technology division.
TransAct Technologies Incorporated Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Nov 6 14
TransAct Technologies Incorporated reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company's net sales were $13,389,000 compared to $16,768,000 a year ago. Operating income was $57,000 compared to $1,915,000 a year ago. Income before income taxes was $54,000 compared to $1,885,000 a year ago. Net income was $50,000 compared to $1,451,000 a year ago. Diluted net income per share was $0.01 compared to $0.17 a year ago. EBITDA was $423,000 compared to $2,321,000 a year ago. Adjusted EBITDA was $944,000 compared to $2,584,000 a year ago. Excluding the impact from the legal fees related to the Avery Dennison lawsuit and an adjustment to accrued contingent consideration, non-GAAP operating income was $445,000 compared to $2,057,000 a year ago. Non-GAAP income before income taxes was $442,000 compared to $2,027,000 a year ago. Non-GAAP net income was $302,000 compared to $1,545,000 a year ago. Non-GAAP diluted net income per share was $0.04 compared to $0.18 a year ago.
For the nine months, the company's net sales were $40,812,000 compared to $47,613,000 a year ago. Operating income was $1,033,000 compared to $5,124,000 a year ago. Income before income taxes was $984,000 compared to $5,126,000 a year ago. Net income was $619,000 compared to $3,826,000 a year ago. Diluted net income per share was $0.07 compared to $0.44 a year ago. EBITDA was $2,106,000 compared to $6,449,000 a year ago. Adjusted EBITDA was $2,963,000 compared to $7,044,000 a year ago. Non-GAAP operating income was $1,448,000 compared to $5,322,000 a year ago. Non-GAAP income before income taxes was $1,399,000 compared to $5,324,000 a year ago. Non-GAAP net income was $889,000 compared to $3,958,000 a year ago. Non-GAAP diluted net income per share was $0.10 compared to $0.45 a year ago.
Transact Technologies Incorporated to Debut New BANKjet 3000 Printer at Upcoming BAI Retail Delivery 2014 Show
Nov 4 14
TransAct Technologies Incorporated announced the debut of the BANKjet(R) 3000, its newest solution for the retail banking industry which brings customer-favorite check image printing capabilities to the teller window. This newest low-cost printing solution from TransAct will be on display (Booth #4427) for the first time at the BAI Retail Delivery 2014 show to be held on November 12-14, 2014, at McCormick Place (West Building) in Chicago, Illinois. Offering lightning-fast receipt print speeds of 12 inches per second, TransAct's new BANKjet 3000 is the Company's next-generation thermal/inkjet combo receipt and validation printer. The BANKjet 3000 delivers receipts with high-resolution check images at the teller station -- the same receipts customers have come to expect from their ATM transactions. The thermal receipt printer features simple drop-in paper loading and supports check image printing as well as barcode printing for a variety of banking applications. The validation printer features bi-directional validation with calibrating sensors and a wide cut-through, drop-in validation slot along with LED lights that provide the teller with feedback on proper form insertion. In addition, the BANKjet 3000 has a space-saving design and extensive system compatibility along with an attractive price point that allows for an easy upgrade from existing banking printers. TransAct will also showcase at BAI Retail Delivery 2014 several of its other innovative BANKjet and Ithaca banking and receipt printers, demonstrating their enhanced flexibility and advanced capabilities which meet the exacting demands of financial institutions: BANKjet 2500 A cost-effective teller station printing solution, the BANKjet 2500 features a space-saving design, fast print speed of up to 12 lines per second, simple drop-in paper loading, quiet operation and a wide cut-through validation. The BANKjet 2500 provides financial institutions with an attractive cost of ownership and a 2-year extended warranty. Ithaca 9000 The Ithaca 9000 thermal is a workhorse that delivers the ultimate in printing flexibility and cost efficiency. Based on the type of paper that has been loaded, the printer has the ability to reconfigure itself and print at a speed of 12 inches per second.
TransAct Technologies Incorporated Declares Quarterly Dividend, Payable on December 15, 2014
Nov 3 14
TransAct Technologies Incorporated announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share. The dividend declared will be payable on December 15, 2014, to shareholders of record at the close of business on November 20, 2014.