Monthly Archives: October 2019

  1. Transcat Strengthens Board of Directors with Appointment of Oksana S. Dominach

    ROCHESTER, NY, October 28, 2019 – 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, announced that it has appointed Oksana S. “Sandy” Dominach as an independent director to its Board. Ms. Dominach brings more than 32 years of experience and expertise in financial strategy, risk management and treasury, as well as over ten years of experience participating on a variety of public and non-for-profit boards. She is currently the Senior Vice President & Treasurer at Constellation Brands, Inc. (NYSE: STZ), a leading international producer and marketer of beer, wine and spirits.

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  2. Transcat Reports Consolidated Operating Income Growth of 40% and Service Segment Revenue Growth of 18% for Fiscal 2020 Second Quarter

    • Service segment revenue increased 18.1% with strong Service organic growth of 15.1%
    • Productivity initiatives developing early traction as Service segment gross margin expanded 140 basis points; consolidated gross profit margin increased 150 basis points
    • Consolidated operating income grew more than 40% on total revenue growth of 7.4%
    • Achieved net income of $2.4 million and diluted earnings per share of $0.32, up $0.12
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  3. Transcat Announces Second Quarter Fiscal Year 2020 Conference Call and Webcast

    ROCHESTER, NY, October 9, 2019 – 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, announced that it will release its second quarter fiscal year 2020 results after the close of financial markets on Tuesday, October 22, 2019.

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