Casino and Gaming Records for TransAct
TransAct Technologies recorded a strong increase in net sales for Q4 2022, which was a quarterly record for the company. That figure rose to US$18m in Q4, up 61 per cent year-on-year. And gross profit for the quarter was $8.2m, resulting in a gross margin of 45.8 per cent – climbing from $4.3m and 38.7 per cent, respectively, in 2021. Adjusted EBITDA was $1.3m for Q4 2022, compared to $2.2m for Q4 2021. Bart C. Shuldman, chief executive officer of software-driven technology [...]