Transcat, Inc. (TRNS) Reports Q2 EPS of $0.12, Offers Outlook

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Transcat Reports Second Quarter Fiscal 2016 Results

October 26, 2015 4:15 PM EDT

Realized strong operating leverage in Service segment: operating income up 26.0% on 12.7% segment revenue growth Service segment revenue growth offset by lower Distribution segment sales Distribution sales impacted by oil & gas industry Expanded life science market position in Southern California with acquisition of Anmar Metrology, Inc. Generated $5.3 million of cash from operations in year-to-date period

ROCHESTER, N.Y., Oct. 26, 2015 (GLOBE NEWSWIRE) -- Transcat, Inc. (NASDAQ: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration and compliance services and distributor of professional grade... More