Transcat News Releases

  1. Transcat Strengthens Team with Addition of Vice President, Service Operations

    ROCHESTER, NY, August 6, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has promoted Leanne E. Branham to Vice President, Service Operations. Ms. Branham will report directly to Lee D. Rudow, President and CEO, and be responsible for leveraging Transcat’s quality programs, metrology expertise, breadth of capabilities, and service delivery options throughout its North American market.

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  2. Transcat Reports Nearly 16% Revenue Growth for Fiscal 2020 First Quarter

    • Consolidated revenue grew 15.7% to a first quarter record of $42.4 million, driven by double-digit organic growth
    • Transcat continued to take market share in regulated markets with Service segment organic revenue growth of 11.9%
    • Achieved net income of $1.7 million, or $0.23 per diluted share
    • Acquired calibration automation software company last week to accelerate operational excellence initiatives
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  3. Transcat, Inc. Accelerates Operational Excellence Initiatives with Acquisition of Calibration Software Company

    ROCHESTER, NY, July 10, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its first quarter fiscal year 2020 results after the close of financial markets on Tuesday, July 23, 2019.

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  4. Transcat Announces First Quarter Fiscal Year 2020 Conference Call and Webcast

    ROCHESTER, NY, July 10, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its first quarter fiscal year 2020 results after the close of financial markets on Tuesday, July 23, 2019.

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  5. Transcat, Inc. Added to the Russell 2000® and 3000® Indexes

    ROCHESTER, NY, July 1, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that, effective today, it was added to the Russell 2000 and 3000 Indexes as well as the appropriate growth and value style indexes following the conclusion of the 2019 Russell indexes annual reconstitution.

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  6. Transcat, Inc. to Present at Stifel 2019 Cross Sector Insight Conference

    ROCHESTER, NY, May 29, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, President and Chief Executive Officer, and Michael J. Tschiderer, Chief Financial Officer, will present and be available for investor meetings at the Stifel 2019 Cross Sector Insight Conference in Boston on Tuesday, June 11, 2019.

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  7. Transcat Reports Operating Income Up 13% on Record Revenue for Fiscal 2019

    • Record fourth quarter and full fiscal year revenue of $44.5 million and $160.9 million
    • Service segment continued to deliver strong organic growth of 13.6% and 8.6% in the fourth quarter and fiscal 2019 period, respectively, when normalizing for a 52-week fiscal year
    • Consolidated gross margin expanded 20 basis points in the fourth quarter and 40 basis points for the full fiscal year
    • Achieved record net income of $2.7 million, or $0.35 per diluted share, for the fourth quarter and record net income of $7.1 million, or $0.95 per diluted share, for full fiscal 2019
    • Generated $12.6 million of cash from operations in fiscal 2019, up $2.7 million or 27% from fiscal 2018
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  8. Transcat Announces Fourth Quarter and Full Fiscal Year 2019 Conference Call and Webcast

    ROCHESTER, NY, May 8, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its fourth quarter and full fiscal year 2019 results after the close of financial markets on Tuesday, May 21, 2019.

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  9. Transcat Expands Its Southern California Presence with Acquisition of Gauge Repair Service

    ROCHESTER, NY, April 1, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired substantially all of the assets of Gauge Repair Service ("GRS"), effective April 1, 2019. Financial terms of the transaction were not disclosed.

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  10. Singular Research "Gems in the Rubble" Web call Top picks for 2019

    Wednesday, February 27             11:00 am EST
    Complete and submit the registration form to receive a special link to the Web call event. Tune in at 11:00 am for Transcat’s presentation.

    Listen to the Webcast 

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