Transcat, Inc. (TRNS) Tops Q4 EPS by 12c

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Transcat Reports Record Revenue and Gross Margins for Fourth Quarter and Full Year 2023

May 22, 2023 4:07 PM EDT

Fourth Quarter Service revenue up 14.7%, Service organic revenue growth of 10.0% 

Fourth Quarter Service gross profit increased 17.9%, Service gross margin expanded 90 basis points

 Fourth Quarter consolidated adjusted EBITDA grew 17.6% with margins expanding 80 basis points

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 fourth quarter and fiscal year ended March 25, 2023 (fiscal... More