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Stock impact report

Transcat Reports Operating Income Up 13% on Record Revenue for Fiscal 2019

Transcat, Inc. (TRNS) 
Last transcat, inc. earnings: 2/4 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: transcat.com/investor-relations
Company Research Source: Business Wire
Record fourth quarter and full fiscal year revenue of $44.5 million and $160.9 million Service segment continued to deliver strong organic growth of 13.6% and 8.6% in the fourth quarter and fiscal 2019 period, respectively, when normalizing for a 52-week fiscal year Consolidated gross margin expanded 20 basis points in the fourth quarter and 40 basis points for the full fiscal year Achieved record net income of $2.7 million, or $0.35 per diluted share, for the fourth quarter and record net income of $7.1 million, or $0.95 per diluted share, for full fiscal 2019 Generated $12.6 million of cash from operations in fiscal 2019, up $2.7 million or 27% from fiscal 2018 ROCHESTER, N.Y.--(BUSINESS WIRE)-- Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection Show less Read more
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