Transcat Reports Record Third Quarter Revenue in Fiscal 2019

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Transcat, Inc. (TRNS) Misses Q3 EPS by 6c, Revenues Miss

February 4, 2019 4:29 PM EST

Transcat, Inc. (NASDAQ: TRNS) reported Q3 EPS of $0.21, $0.06 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $40.87 million versus the consensus estimate of $43.48 million.

Outlook

Mr. Rudow concluded, We are on track and expect to close fiscal 2019 with record revenue and earnings, and expect to achieve favorable quarter-over-quarter comparisons when excluding the extra week from last years fourth quarter as... More