Monthly Archives: May 2020

• Record fourth quarter and full fiscal year revenue of $45.8 million and $173.1 million, respectively
• Service segment continued to deliver revenue growth of 2.9% and 10.7% in the fourth quarter and fiscal 2020, respectively, despite COVID-19 impact in the latter half of the fourth quarter
• Service segment gross margin expanded 120 basis points to 28.9% in the fourth quarter; up 40 basis points for the fiscal year
• Achieved record net income of $8.1 million, or $1.08 per diluted share, in fiscal 2020

ROCHESTER, NY, May 6, 2020 – 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 2020 results after the close of financial markets on Tuesday, May 19, 2020.

April 29th, 2020: An Updated Letter on COVID-19 and Our Commitment to You from President & CEO, Lee Rudow

I wanted to take a moment to reach out with an update on Transcat’s response to the COVID-19 pandemic. We take the health and safety of our customers and employees very seriously, and it remains a top priority for our leadership team. I am reaching out to update you on our response, and how we continue to support you through this difficult time.