Transcat, Inc. (TRNS) Tops Q1 EPS by 2c, Revenues Miss
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Transcat Achieves Strong Operating Income Growth on Margin Expansion for Fiscal 2019 First Quarter
July 24, 2018 4:15 PM EDTConsolidated operating income increased 43.5% (17% when normalized) to $2.0 million on 1% revenue growth Service segment revenue up nearly 5% Service gross and operating margins expanded 40 and 70 basis points, respectively Distribution gross margin of 24.2%, up 140 basis points Achieved net income of $1.4 million or $0.19 per diluted share Generated strong cash from operations of $3.1 million
ROCHESTER, N.Y.--(BUSINESS WIRE)-- Transcat, Inc. (Nasdaq: TRNS) (Transcat or the Company),
a leading provider of accredited... More
