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TransAct announces new order for BOHA! hardware and software solutions

Jul. 09, 2019 11:37 AM ETTransAct Technologies Incorporated (TACT) StockBy: Akanksha Bakshi, SA News Editor
  • TransAct Technologies (NASDAQ:TACT +7.7%) has secured a new agreement with a large U.S. foodservice provider for the deployment of the BOHA! hardware and one of the BOHA! SaaS-based apps at more than 400 locations by 2021-year end.
  • TransAct believes the annual recurring average revenue per location for this agreement will be ~$1,100.
  • The Company expects ~175 customer locations will be live with the BOHA! hardware and software solutions by 2019-year end.

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