Page 3 - Investor Relations News
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ROCHESTER, NY, October 28, 2024 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, today reported financial results for its second quarter ended September 28, 2024 (the “second quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023, Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023 and Becnel Rental Tools, LLC ("Becnel") effective April 15, 2024.
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ROCHESTER, NY, October 14, 2024 – Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Monday, October 28, 2024.
Second Quarter Fiscal Year 2025 Conference Call
Tuesday, October 29, 2024
11:00 a.m. Eastern Time
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Rochester, NY - Auigust 13, 2024
Transcat, Inc. (Nasdaq: TRNS) is thrilled to announce that we will ring the closing bell at Nasdaq on Wednesday, August 14th at 3:45 PM Eastern Time. This prestigious event marks a significant milestone as Transcat celebrates its 60th year of innovation and excellence in the industry and 61 straight quarters of year-over-year service revenue growth.
The closing bell ceremony represents a momentous occasion, as it reflects on six decades of growth, achievement, and leadership. The event will honor Transcat’s rich history and its commitment to delivering top-notch calibration and measurement solutions to its global customer base.
Transcat invites all to join in the celebration and witness this special moment. The ceremony will be live-streamed on Nasdaq's official Facebook and Twitter/X pages.
To view the live stream, visit the Nasdaq website here or visit the Nasdaq Facebook page at facebook.com/NASDAQ and the Nasdaq Twitter/X page at twitter.com/NASDAQ
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ROCHESTER, NY, July 29, 2024 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, today reported financial results for its first quarter ended June 29, 2024 (the “first quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023, Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023 and Becnel Rental Tools, LLC ("Becnel") effective April 15, 2024.
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ROCHESTER, NY, July 15, 2024 – Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation,
announced that it will release its first quarter fiscal year 2025 results after the close of financial markets on Monday, July 29, 2024.
The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.
First Quarter Fiscal Year 2025 Conference Call
Tuesday, July 30, 2024
11:00 a.m. Eastern Time
Phone: (201) 689-8471
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ROCHESTER, NY, May 20, 2024 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, today reported financial results for its fourth quarter ended March 30, 2024 (the “fourth quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023 and Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023. Transcat operates on a 52/53 week fiscal year, ending the last Saturday in March. In a 52-week fiscal year, each of the four quarters is a 13-week period. In a 53-week fiscal year (which occurs once every five or six years), the last quarter is a 14-week period. Fiscal 2024 consisted of 53 weeks while
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ROCHESTER, NY, May 8, 2024 – Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it will release its fourth quarter fiscal year 2024 results after the close of financial markets on Monday, May 20, 2024.
Conference call and webcast will be: Tuesday, May 21, 2024 at 11:00 a.m. Eastern Time
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ROCHESTER, NY, April 15, 2024 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it has acquired privately-held Becnel Rental Tools LLC (Becnel), effective April 15, 2024. The $50 million purchase price was paid in combination of $32.5 million in Company stock and $17.5 million in cash and is subject to certain customary holdback provisions.
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Rochester NY / PR NEWSWIRE /April 9, 2024/ Transcat Inc. (NASDAQ:TRNS) (the “Company” or “Transcat”), a leading provider of accredited calibration services, cost control and optimization services, and value-added rental/distribution of professional grade handheld test, measurement, and control instrumentation, today announced that Mark Doheny will step down as Chief Operating Officer of Transcat effective immediately. Mr. Doheny will be retained as a consultant to assist with a transition through October 2024.
We are excited to announce the promotion and appointment of Mike West, current Senior Vice President of Operations, to replace Mr. Doheny.
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- Service gross margin expanded 250 basis points driven by 9.1% Service organic growth
- Distribution gross margin expands 530 basis points to 31.5% on strength of Rentals
- Consolidated adjusted EBITDA grew 38.5% with margins expanding 250 basis points
- Operating Cash Flow of $26.9M year-to-date
ROCHESTER, NY, January 29, 2024 – 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 ended December 23, 2023 (the “third quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023 and Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023.
“We are
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