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Transcat Reports Third Quarter Operating Income Increase of 20% on Solid Service Organic Growth and

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

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