Operator: Greetings, and welcome to Transcat, Inc. Fourth Quarter Fiscal Year 2024 financial results. [Operator Instructions] As a reminder, this conference is being recorded.
Acquisitions helped drive growth at Rochester-based Transcat in FY24 rbj.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rbj.net Daily Mail and Mail on Sunday newspapers.
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.