afternoon, everyone. progress Good in with quarter. made Mark. has pleased recent our the TransAct most We're Thanks,
a discussed note, controls we're of our Just presenting quick completes their audit a procedures. you results we in yearend quarter PwC internal fourth again light form with as preliminary in our remediation quarter, last ongoing that
XXXX XX-K. last from year. $XX.X for down fourth results operating our 'XX final the sales in quarter fourth quarter file were $XX.X our fourth million the when Overall, X% our report to net expect Form quarter we 'XX We million,
Looking our to service XX% formerly was year. million FST, market of the at as last quarter million in from solutions, by food to market, restaurant sales technology our up or fourth $X.X quarter $X.X referred fourth
TSG. BOHA! we Service now beginning include from $X.X reminder, we we quarter last fourth X,XXX hardware FST Previously, terminals. up FST. million in and and sales were the with quarter, the in of paid XX% $XXX,XXX a those in ended 'XX, sales of As sales Label BOHA! quarter to included
year $XXX,XXX to already with period. and our Our triple as BOHA! begun we terminals. label have recurring in well sales, the gain who are which more use recurring $XXX,XXX as software sales The service increase traction consumable revenue and QX, reported driving demonstrates in our than is sales, reached customers incremental large that initiatives including subscriptions in ago the
down which flat the this a million, was 'XX. quarter of $X.X year. were were from further, from prior sales little gaming revenues X% fourth and down domestic our Casino Breaking the
printer by was in we the have Epicentral decline fourth S. a installations in new quarter of software as U. which sales didn't offset ticket X%, increased than casino any more sales Our 'XX.
demand to Spain international largely gaming were due in higher international from sales Our Asian from as printer as an due on applications, OEM. betting based part up in at least gaming demand order sports X% casino revenues a well large strong to
automation banking 'XX. quarter in down $X.X POS million and were the X% fourth to sales
their McDonald's including to from sales continue the We slowing year per of repair large versus to printers. Ithaca replace decision system the ongoing X,XXX by vendors POS of McDonald's, impact POS of a experience one
noted service reduces sales, had up an the at sales 'XX has in which as revenue, no As fourth We end market it in printer driven the unit. we've this while this our of quarter decision in before, shows exited banking increase we TSG 'XX. sales new
year XXX,XXX sales the quarter. to prior product fourth flat Printrex were at compared
were $X.X on receive TSG continue and large rolls. of Inkjet as down as the customers. to orders the parts million as enough legacy finally, year-over-year While and we're to in we we POS during sales such to service was consumables, vendor cartridges from McDonald's And sales XX% decline increase focused spare longer paper in continue not legacy offset expect HP no this market, XXXX to POS to our service
fourth year. Moving in down compared our prior statement, income quarter to gross the was the XX.X% XX.X% margin
quarter off approximately in due would additional our impacted quarter. as Our Absent product was these items, margin gross in two negatively tariffs. margin gross a write been of incremental by XX.X% to of about have as $XXX,XXX the expense tooling from design well the change, Chinese $XXX,XXX 'XX fourth
market the ago on product and of product and more market. new benefits the in had food Giving different tooling a product to that conceived little for has the off, development our a response over applications feedback, year a write to a even we service team color started technology
we As a in about to launch the this direction. we design we're to yet, go design the result, disclose excited and we different a really the two. BOHA! Though next can't product new expect and month details decided original new in or the abandon
as the our be main tariff during contract is terms we in expect tariff, China. to do Chinese two In of one to by impacted XXXX of continue located manufacturers the
CM other CM our of transitioning so into as of who's and However, we've the should China, already located the of XXXX the begun impact latter this to we outside move from 'XX. production part to diminish process
XX% service inside fees, $X.X staff FST outside recruiting for to XX% sales, year-over-year. our growth well on on product we fourth quarter. market. technical year-over-year support operating on of spend were or out severance legal, 'XX which the our quarter XX% up Total during marketing and as $XXX,XXX expenses development was increase and the continue as expenses up marketing professional increased as and hires and and expenses and were of up were or million, build sales new to were incurred $XXX,XXX and G&A other for basis. flat higher design accounting expenses the a Engineering, expenses Selling
or fourth million operating compares sales, an million quarter incurred 'XX of X.X% loss year X.X% We operating quarter. $X.X sales of of income the $X.X net of in or of for the to ago net which
of $XXX,XXX a or On net or the per diluted quarter of to period. loss $X.XX net income the the bottom diluted year per line, fourth share share in we in 'XX recorded compared $X.XX ago $XXX,XXX
turning quarter debt. 'XX finally, for to the loss cash We compares year. ended million $XXX,XXX, no balance Our with million quarter of sheet. last of a fourth $X.X in which the the EBITDA fourth and in $X.X And to adjusted 'XX was
our about Subsequent returned share. BOHA! development quarter cash to marketing also to through the to the the quarterly dividend in and shareholders accelerate product fourth continued sales per ended of the $XXX,XXX quarterly previous capital quarter, of company's dividend in investments We we of $X.XX our and
remediation internal implementing want provide last believe solid the plan process it. update closing issues about spoke issues controls the we and the to my we're brief Before of we remarks, a in remediation controls a developed to quarter. address on the We I for plan internal
can. remediation and as working good making the as are to we is progress so quickly team diligently far We our complete
they should During opportunity FST roll activity in plan coming we market, to annual the revenue the add given the investment this operations. have and generate quarters to we'll our as see added the XXXX, to This continue ensure opportunity. to and staff support of trial accelerate we staff infrastructure to recurring significant into more place we increased Existing BOHA! will as out exploit customers their BOHA! spending support in sales right team we have introduce in day-to-day the growth and
strong take business software in of will investments. well and as going which I'd label our BOHA! our closing believe service expanding affirms revenue SaaS Bart to was that sales, subscriptions, growth this to in forward. The is be of quarter beginning fourth benefits growth that in like benefit potential and from to highlights sales the hold, remains sales, model and based our software label TransAct We recurring offerings install related this base recurring at of the as driver and to We include the to transformation call opportunity. ongoing of believe very back consumable hardware subscriptions point, exciting term market for the on this some long a these give And remarks. and track
