TransAct Technologies Incorporated (NASDAQ:TACT) Q3 2022 Earnings Conference Call November 11, 2022 4:30 PM ET

Company Participants

Ryan Gardella - Investor Relations, ICR, Inc.

Bart Shuldman - CEO

Steve DeMartino - President and CFO

Conference Call Participants

Jeff Martin - ROTH Capital Partners

George Sutton - Craig-Hallum

Mitchell Sacks - GS Asset Management

Operator

Good day and welcome to the TransAct Technologies Third Quarter 2022 Earnings Conference Call. Today’s conference is being recorded.

At this time, I would like to turn the conference over to Mr. Ryan Gardella, Investor Relations. Please go ahead, sir.

Ryan Gardella

Thank you. Good afternoon and welcome to TransAct Technologies third quarter 2022 earnings call. Today, we’ll be discussing the results announced and 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 our company’s key operating strategies, the progress on those initiatives and details on our third quarter financial results. We will then open the call to participants for questions.

As a reminder, this conference call contains forward-looking 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 joining us on the call today. Our third quarter results reflect the accumulation of many months of incredible work by the TransAct team, across every facet of the company. I’m incredibly proud of all of you at TransAct, and now every team member contributed to the success we are seeing. After a very difficult couple of years, I believe we’re finally reaching an inflection point in the business and could not be more excited for the future.