Technologies Incorporated (NASDAQ:TACT) Q4 2022 Earnings Conference Call March 8, 2023 4:30 PM ET

Company Participants

Ryan Gardella - ICR, Inc.

Bart Shuldman - Chief Executive Officer

Steve DeMartino - President, Chief Financial Officer, Treasurer and Secretary

Conference Call Participants

Jeff Martin - ROTH Capital Partners

George Sutton - Craig Hallum

Mitchell Sacks - GS Asset Management

Operator

Greeting. And welcome to the TransAct Technologies Fourth Quarter and Full Year Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would like to turn the conference over to your host, Ryan Gardella. Sir, you may begin.

Ryan Gardella

Thank you, Rob. Good afternoon and welcome to TransAct Technologies fourth quarter and full year 2022 earnings call. Today, we’ll be discussing the results announced in our press release issued after market closed.

Joining us from the company is CEO, Bart Shuldman and President and CFO, Steve DeMartino. Today’s call will include a discussion of the company’s key operating strategies, the progress on those initiatives and details on our fourth quarter and full year financial results. We will then open the call to questions.

As a reminder, this conference call contains statements about future events and expectations which are forward-looking in nature. Statements on this call may be deemed as forward-looking and actual results may differ materially. For a full list of risks inherent to the business and company, please refer to the company’s SEC filings, including its reports on Forms 10-K and 10-Q.

TransAct undertakes no obligations to revise or update any forward-looking statements to reflect events or circumstances that occur after the call. Today’s call and webcast will include non-GAAP financial measures within the meaning of SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP can be found in today’s press release, as well as in the company website.

And with that, I’d like to turn the call over to Bart.

Bart Shuldman

Thank you, Ryan. And thank you to everyone for joining us on the call today. Clearly, I cannot be more pleased with a fourth quarter results, or with the trajectory of the business as we enter 2023. As always, these numbers could not have been possible without the tireless efforts of the entire TransAct team. Thank you so much for your hard work and constant innovation. Before I jump into some dialogue regarding our two key markets, let me provide some highlights for the quarter and the year end.