TransAct Technologies Incorporated (NASDAQ:TACT) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET

Company Participants

Ryan Gardella – Investor Relations

John Dillon – Chief Executive Officer

Steve DeMartino – Chief Financial Officer

Conference Call Participants

Jeff Martin – Roth Capital Partners, LLC

Operator

Greetings, and welcome to the TransAct Technologies’ Third Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Ryan Gardella, Investor Relations. Thank you, sir. You may begin.

Ryan Gardella

Thanks, Karl. Good afternoon, and welcome to TransAct Technologies' third quarter 2023 earnings call. Today, we will be discussing the results announced in our press release issued after market close.

Joining us from the company is CEO, John Dillon; 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 third quarter financial results. We will then open the call to participants for 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 the company, please refer to the company’s SEC filings, including its reports on Form 10-K and 10-Q. TransAct undertakes no obligation 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 on the company’s website.

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

John Dillon

Ryan, thank you. And good afternoon, everyone. And thank you for joining us today.

So, I’m pleased with our progress, we’re making it operationally across the organization, and I am happy to report fairly solid results for the quarter. That said, I’m the first to acknowledge that we’ve still got some work to do. There’s a lot of work to be done and changes that we’ve made and continue to make, are going to take some time. It always takes time to produce the results that we know we need, and we know that helps the company deliver the future that we want.