TransAct Technologies (TACT) Q3 2026 Earnings Call Transcript

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Operator: Good day, and welcome to the TransAct Technologies Third Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would…

Operator: Good day, and welcome to the TransAct Technologies Third Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Ryan Gardella, Investor Relations. Please go ahead.

Ryan Gardella: Thank you. Good afternoon, and welcome to the TransAct Technologies Third Quarter 2026 Earnings Call. Today, we'll be discussing the results announced in our press release issued after the market close. Joining us from the company is CEO, John Dillon, and CFO, Troy Ingianni. 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.

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 Forms 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. Required 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 website. And with that, I'll turn the call over to John.

John Dillon: Thanks, Ryan, and good afternoon, everyone. Thanks for joining us today. I'm pleased to report TransAct delivered a strong third quarter, led by broad-based growth within our food service technology, or FST, business. Total net sales for the company were $14.1 million (sic) [ $14.4 million ], up approximately 10% year-over-year and approximately 4% sequentially.

Consistent with…

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