TransAct Technologies posts Q3 net loss as casino, gaming sales decline
TACT•TransAct Technologies reported Q3 net sales of $14.44 million, up 10% year over year, and a net loss of $440,000 as casino and gaming sales fell 11%. It lowered its 2026 net sales outlook to $55 million-$56 million and adjusted EBITDA outlook to $1.5 million-$1.75 million.
1. Q3 results
TransAct Technologies reported Q3 net sales of $14.44 million, up 10% year over year, and a net loss of $440,000. Adjusted EBITDA was $289,000, and gross margin was 46.4%. Food service technology sales rose 33%, while casino and gaming sales declined 11%.
2. Lowered outlook
The company now expects 2026 net sales of $55 million to $56 million and adjusted EBITDA of $1.5 million to $1.75 million. TransAct expects softer demand in Casino and Gaming to continue into Q4. CEO John Dillon said software revenue rose 61% year over year, helped by pricing actions, new account wins and bundled software packages.
