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Posted: February 25, 2019Categories: Investor Relations News
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Posted: February 05, 2019Categories: Investor Relations News
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Transcat Reports Record Third Quarter Revenue in Fiscal 2019
- Achieved 9.2% Service segment revenue growth with solid U.S. Service organic growth of 6.9% offsetting soft results of Canada operations
- Service margins impacted by short-term productivity challenges of its technical work force
- Distribution segment gross margin increased 180 basis points on gross profit growth due to strategic optimization of customer channel mix and pricing
- Generated $7.2 million in cash from year-to-date operations, up 25%
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