Fourth Quarter Service gross margin expanded 170 basis points driven by 13% Service organic growth
Fourth Quarter Distribution gross margin expands 510 basis points to 30.3% on strength of.
Fourth Quarter Service revenue up 14.7%, Service organic revenue growth of 10.0%
Fourth Quarter Service gross profit increased 17.9%, Service gross margin expanded 90 basis. | May 22, 2023
Search jobs 02-Feb-2021 Transcat Reports Third Quarter Operating Income Increase of 20% on Solid Service Organic Growth and Gross Margin Expansion
Total revenue of $44.1 million up 2% from prior-year period in an environment that continues to be impacted by the COVID-19 pandemic
Service segment organic revenue growth of 5.9%; Total Service revenue up 12.2%
Service segment gross margin expanded 590 basis points to 27.9%
ROCHESTER, N.Y. (BUSINESS WIRE) 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, today reported financial results for its third quarter and nine-month period ended December 26, 2020 (the “third quarter”) of fiscal year 2021, which ends March 27, 2021 (“fiscal 2021”). Results include the