The Tragedy of TransAct Technologies: Fool by Numbers

On Aug. 4, TransAct Technologies (Nasdaq: TACT  ) released earnings for its 2005 second quarter, which ended June 30.

• Both revenue and EPS were below the estimates of the one analyst still following the company. Man, what a difference a year makes.
• Maybe TransAct should have bought rival TPG after all?

(Figures in thousands, except per-share data)

Income Statement Highlights (What's this?)

	Avg. Est.	Q2 2005	Q2 2004	% Change
Sales	$13,000	$12,346	$14,694	-16.0%
Net Profit	--	$267	$1,465	-81.8%
EPS	$0.04	$0.03	$0.14	-78.6%

Margin Checkup (What's this?)

	Q2 2005	Q2 2004	Change
Gross Margin	34.46%	38.23%	-3.77%
Op. Margin	3.06%	15.57%	-12.51%
Net Margin	2.16%	9.97%	-7.81%

Balance Sheet Highlights (What's this?)

Assets	Q2 2005	Q2 2004	% Change
Cash+ ST Invest.	$4,741	$5,011	-5.4%
Inventory	$7,916	$8,682	-8.8%
Accounts Rec.	$9,666	$8,395	+15.1%

Liabilities
Long-Term Debt	--	--	N/A
Accounts Pay.	$2,427	$3,370	-28.0%

Cash Flow Highlights (What's this?)

No cash flow statement provided. (Boo!)

Related companies:

• Canon (NYSE: CAJ  )
• Electronics for Imaging (Nasdaq: EFII  )
• Hewlett-Packard (NYSE: HPQ  )
• Peerless Systems (Nasdaq: PRLS  )
• Xerox (NYSE: XRX  )
• Zoran Corp. (Nasdaq: ZRAN  )

Related Foolishness:

• TransAct's first-quarter results showed exactly why the stock no longer belongs in the Hidden Gems portfolio.
• The fourth quarter wasn't much better.
• Get the rest of the skinny on TransAct by logging into our dedicated discussion board.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what else is in his portfolio by checking Tim's Fool profile here . The Motley Fool has an ironclad disclosure policy .