Transcat Reports Record Second Quarter Operating Income of $3.1 Million on Strong Service Gross Margin
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
Consolidated gross margin up 260 basis points to 27.6% driven by impressive Service segment gross margin of 32.2%Total revenue of $41.6 million consistent with prior-year period in a challenging market environment; Service segment achieved 46th consecutive quarter of year-over-year growthQuarterly cash from operations of $8.5 million; debt reduced by $5.8 million 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 second quarter ended September 26, 2020 (the “second quarter”) of fiscal year 2021, which ends March 27, 2021 (“fiscal 2021”). Results include the previously-reported acquisition of TTE Laboratories, Inc. (referred to as “pipettes.com”) effective February 21, 2020.“Our Service segment de
Show less
Read more
Impact Snapshot
Event Time:
TRNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRNS alerts
High impacting Transcat, Inc. news events
Weekly update
A roundup of the hottest topics
TRNS
News
- Transcat, Inc. (NASDAQ: TRNS) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $125.00 price target on the stock, up previously from $120.00.MarketBeat
- Transcat Stock: Time To Recalibrate [Seeking Alpha]Seeking Alpha
- Transcat, Inc. (NASDAQ: TRNS) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $124.00 price target on the stock.MarketBeat
- Woodbridge International Announces Sale of Becnel Rental Tools, Inc. to Transcat, Inc. [Yahoo! Finance]Yahoo! Finance
- Transcat announces acquisition of Becnel Rental Tools for $50M [Seeking Alpha]Seeking Alpha
TRNS
Earnings
- 1/29/24 - Beat
TRNS
Sec Filings
- 4/15/24 - Form 8-K
- 4/10/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- TRNS's page on the SEC website