TransAct Technologies Incorporated reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 13.27 million compared to USD 17.96 million a year ago. Net loss was USD 0.062 million compared to net income of USD 0.26 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.
For the full year, sales was USD 72.63 million compared to USD 58.14 million a year ago. Net income was USD 4.75 million compared to net loss of USD 5.94 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to basic loss per share from continuing operations of USD 0.6 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to diluted loss per share from continuing operations of USD 0.6 a year ago.