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Transact Technologies Inc  (TACT)
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    Sector  Technology    Industry Computer Peripherals & Office Equipment
 
 

EARNINGS REPORT by CSIMarket

Strong Double Digit EPS Growth, Sales Lower


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Transact Technologies Inc announced forth quarter 2016 operating income of $1.924 millions



Despite soft demand in the forth quarter 2016, company managed to increase it's earnings per share, profits soared by 38.46 % to $0.18 per share while Sales fell by -4.01 % to $14 millions, year on year.

Looking into results from previous quarter Sales decreased by -6.02 % from $14 millions and eps soared by 50 % from $0.12 per share.

Net income of $1 millions in the forth quarter 2016 increased by 5.16 % from net earnings of $1 millions reported in the forth quarter 2016 a year ago. Transact Technologies Inc also emphasized it's improving profit margins, where net margin rose to 7.95% in forth quarter 2016, and operating margin edged up to 14.14%.
Looking into financial results for the fiscal year 2016, Transact Technologies Inc reported Sales of $57 millions and net income of $4 millions.

Computer Peripherals & Office Equipment Company explained also, that Earnings per share grew by 20.51 % to $0.47 per share from $0.39 in the previous fiscal year, while Sales decreased by -4.09 % from $60 millions a year ago.
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Other TACT's Earnings Reports

Transact Technologies Inc reported third quarter 2016 earnings

Transact Technologies Inc reported first quarter 2016 earnings

Transact Technologies Inc reported forth quarter 2015 earnings

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