Transcat News Releases

  1. Transcat Strengthens Board of Directors with Appointment of Oksana S. Dominach

    ROCHESTER, NY, October 28, 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 appointed Oksana S. “Sandy” Dominach as an independent director to its Board. Ms. Dominach brings more than 32 years of experience and expertise in financial strategy, risk management and treasury, as well as over ten years of experience participating on a variety of public and non-for-profit boards. She is currently the Senior Vice President & Treasurer at Constellation Brands, Inc. (NYSE: STZ), a leading international producer and marketer of beer, wine and spirits.

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  2. Transcat Reports Consolidated Operating Income Growth of 40% and Service Segment Revenue Growth of 18% for Fiscal 2020 Second Quarter

    • Service segment revenue increased 18.1% with strong Service organic growth of 15.1%
    • Productivity initiatives developing early traction as Service segment gross margin expanded 140 basis points; consolidated gross profit margin increased 150 basis points
    • Consolidated operating income grew more than 40% on total revenue growth of 7.4%
    • Achieved net income of $2.4 million and diluted earnings per share of $0.32, up $0.12
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  3. Transcat Announces Second Quarter Fiscal Year 2020 Conference Call and Webcast

    ROCHESTER, NY, October 9, 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 second quarter fiscal year 2020 results after the close of financial markets on Tuesday, October 22, 2019.

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  4. Transcat, Inc. to Present at Sidoti & Company Fall 2019 Conference

    ROCHESTER, NY, September 12, 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 Sidoti Fall 2019 Conference in New York City on Wednesday, September 25, 2019.

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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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