Transcat, Inc. (TRNS) Tops Q3 EPS by 9c, Slight Beat on Revenues

Transcat, Inc. (NASDAQ: TRNS) reported Q3 EPS of $0.25, $0.09 better than the analyst estimate of $0.16. Revenue for the quarter came in at $40.48 million versus the consensus estimate of $39.9 million.

• Service segment revenue up 7.5% all on organic growth
• Service gross margin improved 30 basis points from productivity improvements
• Record Distribution sales of $21.7 million
• Achieved quarterly diluted earnings per share of $0.25; Reduced U.S. corporate tax rate contributed $0.04

For earnings history and earnings-related data on Transcat, Inc. (TRNS) click here.

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