TransAct Technologies Reports 22% Increase in Q1 2025 Net Sales; FST Revenue Surges 49% Year-Over-Year

Reuters

05/14

TransAct Technologies Reports 22% Increase in Q1 2025 Net Sales; FST Revenue Surges 49% Year-Over-Year

TransAct Technologies Incorporated reported its first quarter 2025 financial results, highlighting a significant growth in net sales, which amounted to $13.1 million. This marks a 28% sequential increase and a 22% rise compared to the $10.7 million recorded in the first quarter of 2024. The company attributes this growth to stronger sales in both the Food Service Technology (FST) and gaming and casino sectors. The company's BOHA! platform is showing notable progress in large, emerging markets such as convenience stores and healthcare food services. Significant achievements include a 1,400 BOHA! unit upgrade for a major convenience store chain and securing a national healthcare food service contract. TransAct also reported positive net income and adjusted EBITDA, reflecting the success of its revised go-to-market strategies and operational discipline. These results position the company to continue improving its performance for the remainder of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TransAct Technologies Incorporated published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513865712) on May 13, 2025, and is solely responsible for the information contained therein.

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