Monthly Archives: May 2019

  1. 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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  2. 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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  3. 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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