Key Developments: TransAct Technologies Inc (TACT.O)
8.02USD
17 May 2013
$-0.17 (-2.08%)
$8.19
$8.14
$8.25
$7.97
1,930
10,310
$8.28
$6.64
Latest Key Developments (Source: Significant Developments)
Transact Technologies Inc Signs New Contract To Install EPICENTRAL Print System At Hippodrome Casino In London
Transact Technologies Inc announced that it has signed a new contract to install the EPICENTRAL Print System at the Hippodrome Casino, located in London's historic Leicester Square. The EPICENTRAL Print System will be connected to all 144 electronic gaming machines, including both slot machines and electronic table games, and is projected to go live in the second half of 2013. Full Article
Transact Technologies Inc Increases Quarterly Dividend
Transact Technologies Inc announced that Board of Directors increased the quarterly dividend on the Company's common stock by 16.7% - from $0.06 per share to $0.07 per share. The dividend will be payable June 13, 2013 to shareholders of record at the close of business on May 20, 2013. Full Article
Transact Technologies Inc Declares Quarterly Dividend
Transact Technologies Inc announced that it has declared a quarterly dividend payment of $0.06 per share, payable March 13, 2013 to shareholders of record at the close of business on February 20, 2013. Full Article
Transact Technologies Inc Signs New Contract For EPICENTRALPrint System
Transact Technologies Inc announced that it has signed a new contract to install the EPICENTRAL Print System across all Baden-Württembergische Spielbanken GmbH & Co. KG ("Spielbank BW") group casino properties in Germany. The EPICENTRAL Print System will be connected to 500 slot machines and is projected to go live in various stages in 2013. The initial installation will be at Casino Konstanz, with EPICENTRAL being extended to Spielbank BW's other prestige gaming operations at Casino Baden-Baden and Casino Stuttgart. Full Article
Transact Technologies Inc Issues Q4 2012 Guidance; Declares Quarterly Dividend
Transact Technologies Inc announced that for the fourth quarter 2012, it expects revenue of at least $19 million and diluted earnings per share, excluding the AVY Legal Fees, of at least $0.20 due largely to the initial revenue contributions from the new Printrex oil and gas color printers, Food Safety and Nutritional Labeling Terminals as well as a backlog of lottery printer orders from GTECH. The Company also announced that it has declared its first quarterly dividend payment of $0.06 per share, which will be payable on December 12, 2012 to shareholders of record at the close of business on November 21, 2012. Full Article
Transact Technologies Inc Signs New Contract To Install EPICENTRAL Print System
Transact Technologies Inc announced that it has signed a new contract to install the EPICENTRAL Print System with a casino in the U.S. The EPICENTRAL Print System will be connected to 1,800 slot machines and is projected to go live in the first quarter of 2013. Full Article
Transact Technologies Inc Initiates Quarterly Cash Dividend Policy
Transact Technologies Inc announced that it plans to initiate a quarterly cash dividend policy. Subject to declaration by the Board of Directors, the Company's initial quarterly dividend is expected to be $0.06 per share, for an annual payout of $0.24, which the Company plans to begin paying in the fourth quarter of 2012. Full Article
TransAct Technologies Incorporated Comments On H2 2012 Guidance
TransAct Technologies Incorporated announced that it expects a stronger second half of 2012 in revenue and net income, excluding legal fees, as compared to the first half of 2012 due largely to its backlog of lottery printer orders and expected initial contributions from its recently launched POS and Printrex products. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $18.4 million and net income of $1.67 million for third quarter of 2012; revenue of $18.4 million and net income of $1.61 million for fourth quarter of 2012. Full Article
TransAct Technologies Incorporated Receives Civil Complaint From Avery Dennison Corporation
TransAct Technologies Incorporated announced that Avery Dennison Corporation filed a civil complaint against the Company in the Court of Common Pleas in Lake County, Ohio. The complaint alleges that TransAct misappropriated unspecified Avery Dennison trade secrets related to the design of the Company's Food Safety Terminals. The complaint requests a preliminary and permanent injunction against TransAct from manufacturing and selling its Ithaca 9700 and 9800 Food Safety Terminals. A hearing on the plaintiff's motion for preliminary injunction is currently scheduled for August 2, 2012. Full Article
TransAct Technologies Incorporated Reaffirms FY 2012 Guidance
TransAct Technologies Incorporated announced that it maintains its expectations of another year of revenue and earnings per share growth in fiscal 2012 compared to fiscal 2011. Full Article

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