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


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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”) ....

Puerto Rico , United States , Marka Doheny , Leed Rudow , Deborahk Pawlowski , Service Segment Revenue , Calibration Service Centers , Biotek Services Inc , Exchange Commission , Transcat Inc , Laboratories Inc , Service Revenue , Life Sciences , Cost Of Service Revenue , Your Service , Service Operating Income , Service Adjusted , Effect Of Exchange Rate Changes On Cash , Total Service , Biotek Services , Quarter Fiscal , Month Review , Balance Sheet , Life Science , Service Centers , Private Securities Litigation Reform Act ,

Transcat acquires Virginia manufacturer | Rochester Business Journal


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