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TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2024 Financial Results

1. TransAct Technologies reports strong Q4 growth in software-driven technology. 2. Improvements in sales strategy show positive results for TACT.

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FAQ

Why Bullish?

The positive growth trend in TransAct's FST suggests strong future earnings potential, much like TACT's past performance after strategic improvements led to revenue increases.

How important is it?

The article highlights a significant positive change in sales momentum, indicating potential revenue growth which is crucial for TACT's valuation.

Why Short Term?

Immediate market reactions are likely due to favorable Q4 results, similar to prior earnings reports that have boosted stock prices.

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HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the fourth quarter and full year ended December 31, 2024. “Our growing sequential momentum in FST is a clear indicator that the improvements we've made in our go-to-market strategy and internal sales motions are now yielding positive results. We believe.

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